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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Saffron Eng | LSE:SRON | London | Ordinary Share | GB00BDCFP425 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.10 | 4.00 | 4.20 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMSRON
RNS Number : 7770I
Saffron Energy PLC
23 March 2018
23 March 2018
Saffron Energy plc
("Saffron" or the "Company")
Po Valley Energy Limited publishes Prospectus and Notice of General Meeting
Saffron, the pan Euro Asian gas explorer to be renamed Coro Energy plc, announces that Po Valley Energy Limited ("PVE") has published a prospectus and notice of general meeting in relation to its proposed capital reduction as referred to in the Company's Supplementary AIM Admission Document published on 7 March 2018. PVE currently holds 100 million Saffron ordinary shares of 0.1 pence each ("Saffron Shares") and proposes to distribute 80 million Saffron Shares to shareholders of PVE by way of a capital reduction (the "Capital Reduction"). The Capital Reduction is conditional on shareholder approval by PVE shareholders at the PVE General Meeting to be held on 23 April 2018.
Shareholders can view the PVE prospectus and notice of general meeting at https://www.asx.com.au/asx/share-price-research/company/PVE
For further information please contact:
Saffron Energy plc / Coro Energy plc s.edmonson@coroenergyplc.com Sara Edmonson, Chief Executive j.parsons@coroenergyplc.com Officer James Parsons, Non-Executive Chairman Grant Thornton UK LLP (Financial Tel: +44 (0)20 383 and Nominated Adviser) 5100 Colin Aaronson Jen Clarke Harrison J Clarke Turner Pope Investments (TPI) Tel: +44 (0)20 3621 Ltd (Broker) 4120 Ben Turner info@turnerpope.com James Pope
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAFDDADLPEFF
(END) Dow Jones Newswires
March 23, 2018 07:37 ET (11:37 GMT)
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