Maple Energy plc End of Offer Period (0271T)
30 9월 2014 - 9:26PM
UK Regulatory
TIDMMPLE
RNS Number : 0271T
Maple Energy plc
30 September 2014
MAPLE ENERGY PLC
("Maple" or "the Company")
End of Offer Period
On 24 July 2014 the board of directors of Maple Energy plc
("Maple" or the "Company") announced that it had received an
approach which may or may not lead to a cash offer to acquire the
entire issued and to be issued share capital of the Company. The
announcement noted that the approach was highly conditional and
preliminary in nature.
The board of directors announces that discussions relating to
the possible cash offer to acquire the entire issued and to be
issued share capital of the Company by the parties who made the
approach have been terminated. Accordingly the board of directors
can confirm that the Company is not in discussions with any party
regarding a possible offer for the issued share capital of the
Company.
As previously reported, the Company has been actively seeking
equity investment from strategic investors in order to secure the
sustainability of its ethanol business. The Company has been
progressing in this and other initiatives and is seeking to close a
transaction in this regard. There can be no guarantees that a
transaction with a strategic or financial investor can be reached
on terms acceptable to the Company, or at all.
For further information, please contact:
Maple Energy plc (+ 51 1 611 4000)
Guillermo Ferreyros, Chief Executive Officer and Executive
Director
Cenkos Securities plc (Nominated Adviser)
Derrick Lee +44 131 220 6939
Alan Stewart +44 131 220 6939
The directors of Maple accept responsibility for the information
contained in this announcement. To the best of the knowledge and
belief of the directors of Maple (who have taken all reasonable
care to ensure that such is the case), the information contained in
this announcement is in accordance with the facts and does not omit
anything likely to affect the import of such information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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