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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Range Resources Limited | LSE:RRL | London | Ordinary Share | AU0000065989 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.035 | 0.03 | 0.04 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRRL
RNS Number : 3972A
Range Resources Limited
27 December 2017
Range Resources Limited
('Range' or 'the Company')
28 December 2017
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
RRDSL ACQUISITION PAYMENT
Range advises that it has advanced a partial payment of US$2.8 million to LandOcean Petroleum Corp. Ltd as part of the consideration for the completed acquisition of Range Resources Drilling Services Limited ("RRDSL"). The payment is on a refundable basis and the funds will be immediately repayable to Range upon the Company's request.
This early, refundable payment will benefit Range as it will no longer have to pay the 6% interest rate per annum accruing on the amount of consideration.
The consideration for the acquisition remains due to be paid by no later than 30 November 2020.
Contact details Cantor Fitzgerald Europe Range Resources Limited (Nominated Advisor and Evgenia Bezruchko (Group Corporate Broker) Development Manager) David Porter (Corporate e. admin@rangeresources.co.uk Finance) t. +44 (0)20 3865 8430 t. +44 (0)20 7894 7000
Note relating to statutory disclosure of significant shareholdings
Statutory disclosure of significant shareholdings (as defined in the AIM Rules) is different for Australian companies and may not always ensure compliance with the requirements of Rule 17 of the Aim Rules. All shareholders who are holding (directly or indirectly), 3% or more of the issued and outstanding Ordinary Shares are requested to notify the Company without delay of any changes to their holding which increase or decrease such holding through any single percentage. Likewise, shareholders who acquire 3% or more of the issued and outstanding Ordinary Shares are requested to notify the Company without delay.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQLLFVAFSLDFID
(END) Dow Jones Newswires
December 28, 2017 02:00 ET (07:00 GMT)
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