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Fortune Oil Regulatory News (FTO)
Regulatory News for Fortune Oil (FTO)
| Share Price: 8.32 | Bid: 8.15 | Ask: 8.49 | Change: 0.00 (0.00%) |  | ||||||
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Purchase of Additional China Gas Shares
Fri, 13th Apr 2012 11:30
RNS Number : 2983B
Fortune Oil PLC
13 April 2012
?
13 April 2012
FORTUNE OIL PLC
("Fortune Oil" or the "Company")
Strategic investment : Purchase of additional China Gas shares
Fortune Oil (LSE: FTO.L) focuses on oil, natural gas and resource supply operations and investments, primarily in China. Fortune Oil is listed on the Main Market of the London Stock Exchange.
Fortune Oil confirms that Fortune Max Holdings Limited ("Fortune Max") has purchased 27,182,000 additional shares in China Gas Holdings Ltd ("CGH"; 0384.HK) since the announcement made on 23 March 2012.
Fortune Max is a private company controlled and beneficially owned by Mr Daniel Chiu, a director and substantial shareholder in Fortune Oil. Fortune Max is therefore deemed for the purposes of the Hong Kong Code on Takeovers and Mergers ("the Code") to be an associate of China Gas Group Limited ('CGG"), the Joint Venture between Fortune Oil and Mr LIU Minghui.
As a result of the above purchases, the combined overall holding of the Joint Venture and of Fortune Max in CGH is 491,462,000 shares, representing 11.21 per cent.of CGH's issued share capital.
Fortune Oil is obliged under Hong Kong Takeover Code Rules to publicly file details of all dealings through the Joint Venture and Fortune Max in the shares of CGH before 10 am on the next dealing day. Copies of these filings are publicly available at
http://www.sfc.hk/sfcDealingDisclosure/EN/sfcDealingDisclosureServlet?ACT=CL
Fortune Oil will announce in London the total amounts acquired on a regular basis or where in a single day the current holding by the Joint Venture and Fortune Max has materially changed.
For further details:
|
Fortune Oil PLC Tee Kiam Poon - Chief Executive Bill Mok - Chief Financial Officer |
Tel: 00 852 2583 3125 Tel: 00 852 2583 3120
|
|
Pelham Bell Pottinger Archie Berens Zoe Sanders |
Tel: 020 7861 3112 / 07802 442486
|
Background on Fortune Oil
Fortune Oil is a leading independent energy company engaged in the investment and operations of oil and natural gas supply projects in China. With almost 20 years of operating history in China, Fortune Oil has acquired a unique portfolio of high quality oil and natural gas projects across the country and has formed a strong partnership with domestic and international market leaders. Fortune Oil recently started an expansion outside China securing resource projects. Fortune Oil is listed on the Main Market of the London Stock Exchange with its operational headquarters in Hong Kong.
This information is provided by RNS
The company news service from the London Stock Exchange
| Date | Source | Headline | Category |
|---|---|---|---|
| 17-May-13 07:01 | RNS | Interim Management Statement | Results and Trading Reports |
| 15-May-13 12:00 | RNS | Notice of Annual General Meeting | Company Announcement - General |
| 14-May-13 13:12 | RNS | Holding(s) in Company | Holding(s) in Company |
| 25-Apr-13 08:38 | RNS | 2012 Annual Report | Company Announcement - General |
| 25-Apr-13 07:00 | RNS | Final Results | Results and Trading Reports |
| 15-Apr-13 13:47 | RNS | Acquisition of China Gas shares from Fortune Max | Company Announcement - General |
| 25-Mar-13 07:00 | RNS | Notification of Major Interest in Shares | Holding(s) in Company |
| 22-Mar-13 16:40 | RNS | Second Price Monitoring Extn | Company Announcement - General |
| 22-Mar-13 16:35 | RNS | Price Monitoring Extension | Company Announcement - General |
| 20-Mar-13 07:00 | RNS | Transfer of listing category on the Official List | Company Announcement - General |
| 22-Feb-13 14:30 | RNS | Administrative changes to the Company's LTIP | Company Announcement - General |
| 20-Feb-13 16:20 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 19-Feb-13 12:40 | RNS | Result of General Meeting | Results and Trading Reports |
| 12-Feb-13 07:00 | RNS | Re Proposed Disposal of Natural Gas Business | Company Announcement - General |
| 05-Feb-13 11:15 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 04-Feb-13 07:00 | RNS | Posting of Circular Re Proposed Disposal | Company Announcement - General |
| 21-Jan-13 16:53 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 16-Jan-13 08:08 | RNS | Re Proposed Disposal of Natural Gas Business | Company Announcement - General |
| 17-Dec-12 08:17 | RNS | Proposed US$400m disposal of Natural Gas Business | Mergers, Acquisitions and Disposals |
| 17-Dec-12 07:00 | RNS | Holding(s) in Company | Holding(s) in Company |
| 19-Nov-12 07:00 | RNS | Interim Management Statement | Company Announcement - General |
| 12-Oct-12 11:30 | RNS | Issue of Equity | Company Announcement - General |
| 17-Sep-12 16:20 | RNS | 2012 Printed Half Year Report | Results and Trading Reports |
| 07-Sep-12 16:35 | RNS | Price Monitoring Extension | Company Announcement - General |
| 05-Sep-12 07:00 | RNS | Liulin Coal Bed Methane Update | Company Announcement - General |
| 23-Aug-12 07:00 | RNS | Half Year Report for the 6 months ended 30 June 12 | Results and Trading Reports |
| 03-Aug-12 10:31 | RNS | Purchase of Additional China Gas Shares | Company Announcement - General |
| 25-Jul-12 09:00 | RNS | Liulin Coal Bed Methane - Progress Update | Company Announcement - General |
| 10-Jul-12 16:40 | RNS | Second Price Monitoring Extn | Company Announcement - General |
| 10-Jul-12 16:35 | RNS | Price Monitoring Extension | Company Announcement - General |
Regulatory news is displayed end of day, each day at 19:00.
