San Leon Energy Share Discussion Threads

[czar] 07/2/2017 15:19

Nobody should be surprised that Tosca is buying, we should be surprised that some small shareholders are selling. Martin Hughes gave us a perfect steer as to what this company is worth, and he is in a better position than anyone to know what level a bid will succeed, he will make the final decision. It just could not be clearer:

PRESS RELEASE
22 December 2016

Toscafund acknowledges the approach for San Leon Energy

(London, 22 December 2016): Toscafund Asset Management LLP ("Toscafund") acknowledges the San Leon Energy plc ("San Leon Energy") (LSE: SLE) response to press speculation that "confirms that Geron Energy Investment is a party to the Offeror and the indicative offer price from the Offeror was 80 pence per share." Toscafund also acknowledges that San Leon Energy states that "talks are at a preliminary stage and there are significant uncertainties as to whether or not the matter will proceed further."

Toscafund is a longstanding shareholder in San Leon Energy with a current holding representing 55.97% of the issued share capital. Toscafund has requested that the board of San Leon Energy respects and engages in discussions with the potential Offeror to assess its approach.

Toscafund notes that the only two comprehensive external research notes covering San Leon Energy were issued in September 2016 by Whitman Howard and share price Angel and set a target share price of 130p and 100p, respectively.

Martin Hughes, Toscafund's Founder said:
"It is evident that San Leon Energy has attractive oil and gas development assets in Africa and Europe and it is therefore no surprise to have attracted a possible offer. Toscafund looks forward to the board of San Leon Energy engaging with the potential Offeror in order to reach an amicable and speedy resolution."

[triple seven] 07/2/2017 14:58

Doesn't concern you as you are a non holder. Why you here posting 24/7 ?

[triple seven] 07/2/2017 14:51

Waste of a text again.

[triple seven] 07/2/2017 14:50

Page filling

[linksdean2] 07/2/2017 11:53

Correct czar..as he is saying let sle deal with it as he isn't wishing for a cheap t/o..

Sle are in business they have a lucrative deal that will start giving sle cash flow..sle have already got more in what's owed them than what their nomad share price angel stated in their brokers report last year and that's just the start as sle also have the right to the service agreement which the capex is $1,5billion..

[triple seven] 07/2/2017 11:51

They don't have too. Small share holders are selling. When that stops they will have to pay more and so will everyone else.Now we know why you lost ninety thousand pounds. Stupid text from a non holder. Good luck too all true holders.

[czar] 07/2/2017 11:34

Nobody should be surprised that Tosca is buying, we should be surprised that some small shareholders are selling. Martin Hughes gave us a perfect steer as to what this company is worth, and he is in a better position than anyone to know what level a bid will succeed, he will make the final decision. It just could not be clearer:

PRESS RELEASE
22 December 2016

Toscafund acknowledges the approach for San Leon Energy

(London, 22 December 2016): Toscafund Asset Management LLP ("Toscafund") acknowledges the San Leon Energy plc ("San Leon Energy") (LSE: SLE) response to press speculation that "confirms that Geron Energy Investment is a party to the Offeror and the indicative offer price from the Offeror was 80 pence per share." Toscafund also acknowledges that San Leon Energy states that "talks are at a preliminary stage and there are significant uncertainties as to whether or not the matter will proceed further."

Toscafund is a longstanding shareholder in San Leon Energy with a current holding representing 55.97% of the issued share capital. Toscafund has requested that the board of San Leon Energy respects and engages in discussions with the potential Offeror to assess its approach.

Toscafund notes that the only two comprehensive external research notes covering San Leon Energy were issued in September 2016 by Whitman Howard and share price Angel and set a target share price of 130p and 100p, respectively.

Martin Hughes, Toscafund's Founder said:
"It is evident that San Leon Energy has attractive oil and gas development assets in Africa and Europe and it is therefore no surprise to have attracted a possible offer. Toscafund looks forward to the board of San Leon Energy engaging with the potential Offeror in order to reach an amicable and speedy resolution."

[triple seven] 07/2/2017 11:11

I prove my point,24/7 posting negative post's. Sad very sad.Get a life ffs

[triple seven] 07/2/2017 10:42

Don't worry about it,your a non holder anyway, so why worry yourself unless your working for someone.

[triple seven] 07/2/2017 08:38

Topping up today . Happy Days