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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Renewable Eng. | LSE:WIND | London | Ordinary Share | JE00B3B67P11 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 59.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMWIND
RNS Number : 5898F
Renewable Energy Generation Ltd
13 November 2015
Renewable Energy Generation Limited ("the Company" or "REG")
Update on approach for business and assets
Further to the announcement on 9 October 2015 titled "Approach for business and assets" the Company announces that it remains in discussions with the potential buyer with a view to agreeing the terms of an offer for its trading subsidiaries, representing the business, assets and undertakings of REG ("the Assets"). The Board anticipate receipt of a formal offer following conclusion of the buyer's due diligence into the Assets, which is nearing completion. A further announcement will be made in due course.
Publication of REG's annual results will accompany the circular convening a General Meeting at the point Shareholders are asked to consider the proposals. Otherwise they will be released in due course in accordance with REG's obligations under the AIM Rules for Companies.
For further information please visit www.renewableenergygeneration.co.uk or contact the following:
Andrew Whalley Chief Executive Renewable Energy +44 (0)1483 901 Officer Generation Ltd 796 David Crockford Renewable Energy +44 (0)1483 901 Finance Director Generation Ltd 796 +44 (0)20 7397 Bobbie Hilliam Cenkos (Broker) 8900 Smith & Williamson Corporate Finance Limited (Nominated Adviser and Financial Martyn Fraser, Adviser to the Independent +44 (0)117 376 Sara Thompson Directors) 2213
This information is provided by RNS
The company news service from the London Stock Exchange
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November 13, 2015 02:00 ET (07:00 GMT)
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