RE: big link18 Sep 2020 17:03
Extract:
"The extension of the exclusivity period announced herein is with the aim of finalising the preparation of a legally binding option agreement with Scott Bros which, if agreed, will grant EQTEC and its partners the right, but not the obligation, to purchase the entire issued share capital of Billingham EFW Limited, the Project SPV, from Scott Bros, subject to agreement on consideration and other terms. Today's Billingham MOU extension supersedes all other agreements between the Parties regarding the potential acquisition of the SPV."