Urals Energy Public Company Limited Completion of acquisition (8795I)
September 05 2016 - 2:00AM
UK Regulatory
TIDMUEN
RNS Number : 8795I
Urals Energy Public Company Limited
05 September 2016
5 September 2016
Urals Energy PCL
("Urals Energy" or the "Company")
Completion of acquisition
Further to the announcement made on 23 August 2016, Urals Energy
(AIM:UEN), the independent exploration and production company with
operations in Russia, is pleased to confirm that the acquisition of
the entire share capital of Arctic Oil Company Limited ("ANK") from
JSC ArcticMorNefteGazRazvedka ("AMNGR") has completed. The
consideration for this acquisition remains as disclosed in the
Company's announcement of 23 August 2016.
- Ends -
For further information, please contact:
Urals Energy Public Company Limited
Andrew Shrager, Chairman Tel: +7 495 795 0300
Leonid Dyachenko, Interim Chief Executive Officer www.uralsenergy.com
Allenby Capital Limited
Nominated Adviser and Broker
Nick Naylor Tel: +44 (0) 20 3328 5656
Alex Brearley www.allenbycapital.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUUUNRNKAKRAR
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