Savannah Petroleum suspends trading on AIM due to potential reverse takeover (Scandinavian Oil-Gas Magazine)

Savannah Petroleum suspends trading on AIM due to potential reverse takeover

Published Jan 12, 2016

At the request of the Company, Savannah's ordinary shares have been suspended from trading on AIM with effect from 7.30 a.m. Monday morning.

The Company has entered into non-binding heads of terms regarding a potential transaction which, if completed on the currently proposed terms, would be classified as a reverse takeover under the AIM Rules for Companies.

Tags: Savannah Petroleum

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Savannah Petroleum suspends trading on AIM due to potential reverse takeover

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