Share Name Share Symbol Market Type Share ISIN Share Description
Oilex Nl LSE:OEX London Ordinary Share AU000000OEX8 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.105p -20.59% 0.405p 0.39p 0.42p 0.55p 0.38p 0.55p 296,946,358 16:26:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.1 -2.4 -0.1 - 8.75

Oilex Ltd High Court Update - Continued Suspension on AIM

22/10/2018 4:17pm

UK Regulatory (RNS & others)


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RNS Number : 8072E

Oilex Ltd

22 October 2018

AIM Announcement

22 October 2018

ASX: OEX

AIM: OEX

High Court of Gujarat Update

Continued Suspension on AIM

Further to the announcement made earlier today in relation to Oilex Ltd (Company) appearing in the High Court of Gujarat (Court), India, the Company announces that the Court completed hearing the final arguments late today (Indian local time).

As the matter has been held over until tomorrow, being 23 October 2018, trading in the Company's shares will remain suspended on AIM, pending a further announcement following tomorrow's hearing in the Court.

The Ex Parte Stay Order, which was originally put in place on 9 August 2018, automatically expires after 5 November 2018.

For and on behalf of Oilex Ltd

Mark Bolton

Chief Financial Officer and Company Secretary

For further information, please contact:

 
 Investor                AIM Broker                 AIM Nominated          Media Enquires         Media Enquiries 
 Enquiries               Cornhill Capital           Adviser                (UK)                   (Aus) 
 Oilex Ltd               Limited                    Strand Hanson          Vigo Communications    Citadel-MAGNUS 
 Joe Salomon             Broker                     Limited                Public Relations       Michael Weir 
 Managing                Daniel Gee                 Nominated Adviser      Patrick                Email: 
 Director                Email:                     Rory Murphy/Ritchie    d'Ancona/Chris         mweir@citadelmagnus. 
 Email:                  danielg@cornhillcapital.   Balmer                 McMahon                com 
 oilex@oilex.com.au      com                        Email:                 Email:                 Tel: +618 
 Tel: +61                                           oilex@strandhanson.c   patrick.dancona@vigo   6160 4900 
 8 9485 3200             Tel: +44 20                o.uk                   comms.com              Australia 
 Australia               3700 2500                  Tel: +44 20            chris.mcmahon@vigoco 
                         UK                         7409 3494              mms.com 
                                                    UK                     Tel:+ 44 20 7390 
                                                                           0230 
                                                                           UK 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

UPDBUBDGXBDBGID

(END) Dow Jones Newswires

October 22, 2018 11:17 ET (15:17 GMT)

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