Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/by_province/americans_offshore/latin_america_offshore/rockhopper-and-falkland-scheme-of-arrangement-beco.shtmlRockhopper and Falkland scheme of arrangement becomes effective
On 24 November 2015, the boards of Rockhopper and FOGL had reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned
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On 24 November 2015, the boards of Rockhopper and FOGL had reached agreement on the terms of a recommended all-share merger to be effected by means of a Court-sanctioned scheme of arrangement under Part IV of the Companies Act 1948, being the legislation applicable in the Falkland Islands where FOGL is incorporated (the 'Scheme').
The Scheme Document, containing the terms and conditions of the Scheme, was posted to FOGL Shareholders on 11 December 2015, and on 5 January 2016 all necessary resolutions proposed at the Court Meeting and General Meeting were passed to approve the Scheme and associated matters. Defined terms used in this announcement shall have the same meaning as those used in the Scheme Document.
