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Cove Energy reports funding arrangements with PTTEP Africa Investment Limited


Published Sep 6, 2012
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Cove Energy

On 17 August 2012, PTTEP Africa Investment Limited declared wholly unconditional its offer dated 1 June 2012 for the entire issued and to be issued share capital of Cove Energy plc, the AIM-quoted upstream oil and gas company, and Cove applied to the London Stock Exchange for the cancellation of trading in Cove shares on AIM.

The cancellation of trading in Cove shares on AIM is expected to take effect on 18 September 2012. PTTEP AI announced on 23 August 2012 the exercise of its right to acquire compulsorily the Cove shares that had not already been assented to its offer.

Tags: Cove Energy




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