Member Info for Shakeyourmoney

Maple started its international ventures in South America, with the development of a Gas to Liquids and Electricity (175MW) project in the Peruvian jungle, near the city of Pucalpa (the Aguaytia Project). The $275 million project was financed in 1996 and construction completed in 1998. The Peruvian assets of Maple also include an oil refinery in the same area, whose control and management was won through an international tender. Maple has built and completed in 2012, sugar cane to ethanol for the production of 35 million gallons and cogeneration of 37MW of electricity, in the northern coast of Peru. In 2007, all the Peruvian assets were placed in ‘Maple Energy plc’, a public vehicle listed on the London (Aim) and Lima stock exchange. The original shareholders still maintain an important holding along with high profile institutional shareholders (pension funds, private equity funds).

+6.25%..

Hi, the way I see it is the founding company from Dallas, Maple Resources Corporation is paying MPLE for the oil & gas fields which is a subsidiary of MPLE..they will pay US$47.4m for the oil & gas & have no interest in the ethanol plant..the proposed transaction means a dilution by increasing the share capital from 164m shares to 700m shares & by enlarging the issued share capital they retain 30.4% and 43.5% whilst MPLE only holds 24.1%. The deal from the Maple Corp Dallas means we get the cash to move the ethanol business forwards $47.4m plus 2500 extra hectares of land on lease..Maple Resources Corp, get the oil & gas fields plus the refinery. Another way of looking at it is the Dallas deal is four times better, so when we were all hoping for 12 - 15p a share after the 1st deal, now we can look forwards to potentially 40 - 60p a share as there will still only be 164m shares in issue & we will have $47.4m cash in the bank..potential 6 or 7 bagger from 6p levels of today..

DALLAS--(BUSINESS WIRE)--Maple Resources Corporation based in Dallas, Texas (MRC) and the founder of Maple Energy plc in Peru announced that it has made an offer to Maple Energy, plc (“Maple Energy”) a company listed on the London Stock Exchange AIM and the Lima Bolsa de Valores to purchase its oil and gas assets for US$47.4 Million. This offer represents no dilution to existing Maple Energy shareholders and provides Maple Energy with the capital to restructure its ethanol operations. MRC also offered to lease 2,500 hectares of undeveloped land in the Maple Energy ethanol project under terms to be agreed upon. It is in active discussions to partner with recognised sugar cane estate operators. MRC believes that its offer represents the best solution for the company and expects it to be submitted to the shareholders along with any other offers. MRC made its offer on October 8, 2014 and was told by Maple Energy on October 9, 2014 that the Board of Directors had considered another offer. MRC is seeking clarifications from Maple Energy as to the conditions linked to this offer such as the several contingencies tied to the bank syndicate debt restructuring of Maple Energy.

No the original deal means MPLE retains a 24.1% ownership of MCL, the oil & gas fields are sold to Graña y Montero Petrolera S.A. & Alcogroup SA for US$31m & they will retain an interest of 30.4% and 43.5% in MCL respectively. MCL is the ethanol business & its subsidiaries only. This new deal offers similar cash for the oil & gas fields but no dilution to ethanol business. If successfully concluded, the Proposed Transaction is likely to constitute a related party transaction in accordance with Rule 12 of the AIM Rules for Companies as Michel Meeus is a Director of both the Company and Alcogroup SA, one of the Investors. In addition, the Proposed Transaction is likely to constitute a fundamental change of business in accordance with Rule 15 of the AIM Rules for Companies. The Board of Maple has reviewed and is agreeable to the terms of the Offer and is diligently progressing the actions required to finalise the detailed terms of the Proposed Transaction with a view to publishing a circular and seeking the necessary shareholder approvals as soon as practicable. Shareholders should note that the Offer is conditional at this stage and will require, among other items, formal approval from a number of parties including the Company's senior lenders and Fondo de Inversión en Infraestructura, Servicios Públicos y Recursos Naturales ("AC Capitales"). Accordingly, there can be no guarantee that the Proposed Transaction will be concluded on terms acceptable to the Company, or at all. The shareholders will decide, Meeus & Malik could vote for the original deal but they only hold 22% between them.

now..what a result for MPLE..

in it's ishares Peru fund..MPLE is 24th on the list but the list only includes TOP companies in Peru..they must be happy with the deal or they would sell..

there are no weighting restrictions in this fund, so Blackrock can buy as many shares as they like, they may buy more as there seems to be a pattern as per RNS..

http://www.ishares.com/us/products/239606/ishares-msci-all-peru-capped-etf

I had a feeling they would strengthen there position again..this is massive for MPLE as this fund is one of the few funds that tracks Peru's top companies & they have ploughed £millions into MPLE over the years to get the ethanol plant off the ground..we lucky one's on the other hand are buying in for peanuts..for any newbies take a look at the ethanol project PDF below.. http://www.maple-energy.com/downloads/Ethanol%20Presentation%20Sep%202013%20(web).pdf

1.45m sell after hours..

looking good here.. http://www.yourinvestmentpropertymag.com.au/files/image/Ian1%20(600%20x%20400).jpg

the last RNS came after hours..best not to be caught out as there will be a rush to get in with upside involved & small free float..

under 6p, happy with position here EGM notice next..then announcement of merger to follow..blackrock ishares Peru ETF still in here at 3% of their portfolio circa 9m shares & they added 3m recently @ 16p..

http://www.maple-energy.com/downloads/Ethanol%20Presentation%20Sep%202013%20(web).pdf

http://www.ethanolproducer.com/articles/11573/maple-energy-announces-strategic-investment-offer

Peru ETF, holds almost 12m shares in MPLE a 3% holding for them..

http://www.ishares.com/us/products/239606/ishares-msci-all-peru-capped-etf

The cash offer, the directors Malik & Meeus were in at around 40p & their holdings @ 23% between them, haven't changed since June. The others, at a guess are in a lot higher. The free float is 48% & the EBITDA by business unit is 62% in favour of the ethanol plant v the refinery which of course will not remain part of MPLE..

http://www.kallpasab.com/en/reporte-valorizaciones-maple.html Maple Energy Plc. (BVL: MPLE, AIM: MPLE) Maple Energy is a company with two business units in the oil & gas industry. The first business unit is focused on the production and distribution of oil and its derivatives. The second one and the most important (by expected revenues and EBITDA) is the ethanol business, which started operations in April 2012, and is currently generating cash for the company. Currently Maple seeks to increase its sugar cane plantations to 10,000 ha (up to date it has 7,500 ha).