Petroceltic International PLC Examinership Update and Cancellation of Trading (4733B)
June 16 2016 - 12:30PM
UK Regulatory
TIDMPCI
RNS Number : 4733B
Petroceltic International PLC
16 June 2016
Dublin
16 June 2016
Petroceltic International plc
Examinership Process Update and Cancellation of Trading
The Company announces that following approval of the Scheme of
Arrangement ("Scheme") by the Court today, the examinership process
has now concluded and the Scheme will become effective at 6.00 p.m.
on 16 June 2016. Upon the Scheme becoming effective, the existing
Share Capital of the Company will be cancelled and the board of
Petroceltic will step down.
Cancellation of the Company's Ordinary Shares on AIM and ESM,
which have been suspended from trading since 7 March 2016, will
become effective at 7.00 a.m. on 17 June 2016. After this time,
Petroceltic Ordinary Shares will no longer be admitted to trading
on AIM and ESM.
Ends
For further information, please contact:
John Frain / Roland French, Davy Tel: +353 (1) 679 6363
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFLRRTIRLIR
(END) Dow Jones Newswires
June 16, 2016 12:30 ET (16:30 GMT)
Petroceltic (LSE:PCI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Petroceltic (LSE:PCI)
Historical Stock Chart
From Jul 2023 to Jul 2024