Coal of Africa Limited UPDATE: RECOMMENDED OFFER FOR UNIVERSAL COAL PLC (4822V)
April 18 2016 - 4:30AM
UK Regulatory
TIDMCZA
RNS Number : 4822V
Coal of Africa Limited
18 April 2016
UPDATE: RECOMMENDED OFFER FOR UNIVERSAL COAL PLC
Extension of Co-Operation Agreement
Coal of Africa Limited (ASX, AIM and JSE: CZA) ("CoAL") and
Universal Coal Plc (ASX: UNV) ("Universal") provide the following
update on CoAL's recommended offer for the entire issued and to be
issued share capital of Universal (the "Offer").
Unless otherwise defined in this announcement, capitalised terms
used in this announcement have the meaning given to them in the
offer document published by CoAL on 21 December 2015 (the "Offer
Document").
It was announced on 8 April 2016 that CoAL had extended the
Offer Period of the Offer, such that the Closing Date is 29 April
2016.
Pursuant to a Deed of Variation, CoAL and Universal have agreed
to amend the terms of the Cooperation Agreement entered into
between the parties in connection with the Offer such that date by
which the Effective Date must have occurred be extended until 29
April 2016 in accordance with the revised Closing Date, or such
other date as the parties may agree.
Enquiries
CoAL Telephone: +27 (0)10
003 8000
David Brown, De Wet Schutte
and Celeste Riekert
Qinisele Resources (Proprietary) Telephone: +27 (0)11
Limited (Financial Adviser to 883 6358
CoAL)
Robert Philpot and Dennis Tucker
Peel Hunt LLP (Nominated Adviser Telephone: + 44 (0)20
and Broker to CoAL) 7418 8900
Matthew Armitt, Richard Crichton
and Ross Allister
Investec Bank Limited (JSE Sponsor Telephone: +27 (0)11
for CoAL) 286 7000
Robert Smit and Tanya Cesare
Tavistock (United Kingdom PR Telephone: +44 20
Adviser to CoAL) 7920 3150
Jos Simson and Emily Fenton
Universal Telephone: +27 12
460 0805
Tony Weber and Daryl Edwards
Arlington Group Asset Management Telephone: +44 (0)
Limited 207 5010 389
(Financial Adviser to Universal)
Richard Greenfield
APP Securities Pty Limited (Financial Telephone: +61 2
Adviser to Universal) 9226 0036
Nick Dacres-Mannings
FCR (PR Adviser to Universal) Telephone: +61 2
8264 1003
Robert Williams
This information is provided by RNS
The company news service from the London Stock Exchange
END
OFFGIGDSBBBBGLI
(END) Dow Jones Newswires
April 18, 2016 04:30 ET (08:30 GMT)
Coal of Africa (LSE:CZA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Coal of Africa (LSE:CZA)
Historical Stock Chart
From Jul 2023 to Jul 2024