RE: RNS2 Nov 2022 07:16
Philip Wolfe, Chairman of Hurricane commented:
"The Board intends to deliver near term shareholder returns through either the successful outcome of the formal sale process or with a substantial capital return programme. Hurricane is in a strong position with an experienced senior team, robust balance sheet, profitable ongoing production and significant tax losses - a platform capable of supporting distributions throughout Lancaster's expected economically productive life. We look forward to updating shareholders in due course."
Like these bits - " successful outcome of the formal sale " "substantial capital return programme"
Antony Maris can treat himself to a larger lunch today ..... wonder what it will be?