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IN BRIEF: 88 Energy Extends Offer Period For XCD's Shares And Options

Fri, 26th Jun 2020 18:36

88 Energy Ltd - the Australian exploration & production company - extended the offer period for its recommended off-market takeover offers for all of the shares and listed options in XCD Energy Ltd to July 13. 88 Energy owns 59% of XCD Energy's shares and 29% of XCD Energy's listed options. As at Thursday, 88 Energy had a relevant interest in 79.84% of XCD Energy's shares and 79.22% of XCD Energy's listed options.

Current stock price: 0.31 pence

Year-to-date change: down 77%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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