The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Taxation The Delisting may have taxation consequences for Shareholders. Shareholders who are in any doubt about their tax position should consult their own professional independent tax adviser. Summary
Post 11.46 absolutley brillant!!!!!!!!!!!!!!!!!!!
Not gloom and doom at al,l am a realist!!!!!!!!!!!!!!!!!!!
I honestly hold a load here mate have been in 7 years come next month, good luck to us all i say lets just wait and see!!!!!!!!
no have not been drinking, well if you say it wont end up in court so be it after all you know all the answers , or at least you thought you did!!!!!!!!!!!!!!!!!111
one you better hope that this doesnt land up in th U S courts, other wise you aint ever going to see your cash, leave alone this summer, funny old world as the saying goes.!!!!!
GILLY9 5 Apr'14 - 08:06 - 7544 of 7544 0 0 edit If and i realise that,s its a big if we find that MB is acting on our behalf,(in our best interest, in light of a bigger plan that we are not yet aware of) what now happens to the money that he has already paid over??????
Post of 11.22 excellent!!!!!
Your post 9.54 welcome to the real world!!!! while i am sure that you have every bodys interest at heart, i do find it strange that by your own addmission you only have a very small holding, have never posted before ,and you are now banging the drum for all your worth on 2 boards!!!!i strongly suggest you keep your powder dry untill after the meeting, there is more to this than meets the eye of that i think we all agree, i dont wish to sound offensive so please stop and think for a couple of weeks.
, i could not agree more!!!!!
To me that the pompous one has been led up the garden path more than the rest of us, after all he was "always talking to the top brass" who were leading him to believe that every thing was ok !!!!!!!!!
etercrosby 3 Apr'14 - 08:11 - 7509 of 7510 2 0 This delisting move smells of MB calling someone's bluff. I.e. the vendor if the phase 3 leases. Knowing MB was against the clock they may have been unweilding at the negotiating table in the hope that MTA would just pay...
Additional Payment for the Arkhangelovskoe Licence Thu, 3rd Apr 2014 07:00 RNS Number : 8944D Matra Petroleum PLC 03 April 2014 ? 3 April 2014 Matra Petroleum plc ("Matra" or the "Company") Additional Payment for the Arkhangelovskoe Licence Matra Petroleum plc (the "Company") announces that the deadline by which the acquirer of the Arkhangelovskoe Licence must either provide the Company with a negative drilling report or pay an additional payment of US$10,000,000 has passed. The Company is therefore in the process of preparing the necessary documents to make a formal request from the guarantor, JSC joint stock commercial bank "Jugra" of Megion City, for the US$10,000,000 payment. The Company expects the formal application to the guarantor to be made shortly and will provide further updates as appropriate. Additional Payment for the Arkhangelovskoe Licence Thu, 3rd Apr 2014 07:00 RNS Number : 8944D Matra Petroleum PLC 03 April 2014 ? 3 April 2014 Matra Petroleum plc ("Matra" or the "Company") Additional Payment for the Arkhangelovskoe Licence Matra Petroleum plc (the "Company") announces that the deadline by which the acquirer of the Arkhangelovskoe Licence must either provide the Company with a negative drilling report or pay an additional payment of US$10,000,000 has passed. The Company is therefore in the process of preparing the necessary documents to make a formal request from the guarantor, JSC joint stock commercial bank "Jugra" of Megion City, for the US$10,000,000 payment. The Company expects the formal application to the guarantor to be made shortly and will provide further updates as appropriate. Enquiries: Matra Petroleu Enquiries: Matra Petroleu
has subsequentaly posted that he has rung his broker again and cancelled his vote untill after Monday,s announcement, how ever it is worth noting what he was told !!!!
GILLY9 1 Apr'14 - 13:41 - 7455 of 7467 0 0 edit Have just spoken to my broker Barclays, and have asked them to vote against the proposal, which he said he wouid do,he also said that WE/YOU/US have to contact your broker your self, unlike what sam15802 was told they (barclays wont send me documentation)!!!!!!! i strongly suggest that if you wish to vote then contact your broker .
read gilly's post over on advn
read gilly's post over on advfn
thanks very much.
i think you will find that barskiy and tricon control over 50% of the shares
Execution of Amendment Agreement Tue, 1st Apr 2014 09:07 RNS Number : 7047D Matra Petroleum PLC 01 April 2014 Matra Petroleum Plc ("Matra" or "the Company") Execution of Amendment Agreement Matra Petroleum Plc (AIM: Matra), the oil & gas focused Investing Company is pleased to announce that it has entered into an amendment agreement (the "Amendment Agreement") which allows the Company the opportunity to effect the Cancellation (following which it can proceed to complete the Acquisition as an unlisted company). Background The Company separately announced today a proposal to cancel the admission of its ordinary shares to trading on AIM (the "Cancellation Announcement") in accordance with Rule 41 of the AIM Rules for Companies. Capitalised terms used in this announcement have the meanings given in the Cancellation Announcement As noted in the Cancellation Announcement, in order to allow the Company the opportunity to effect the Cancellation and proceed with the Acquisition as an unlisted company (avoiding the requirement for a reverse takeover under the AIM Rules), it has entered into the Amendment Agreement which amends: 1. the Omnibus Agreement dated 29 October 2013 by and among Rifle Energy, LLC, Signal Drilling LLC, Seaside Resources LLC, Vindex Holdings, LLC, PSOFEI, LLC, PG-M International, LLC, Amiba Energy, L.L.C., Galaga Resources LLC, Needmor Oil, LLC, Matra Petroleum U.S.A., Inc. ("Matra USA") and Matra Petroleum PLC, as amended (the "Omnibus Agreement"); and 2. the Option Agreement (as defined in the Omnibus Agreement) of 29 October 2014 (the "Option Agreement"). Further details of the Omnibus Agreement and the Option Agreement are set out in the Company's announcement dated 31 October 2013. The principal terms of the Amendment Agreement are as follows: · The deadline for Matra USA (the Company's wholly owned subsidiary) to exercise its option to acquire the Phase III Properties (as defined in the Omnibus Agreement) has been extended to 5 May 2014. · Matra USA's option to acquire the remaining 50 percent of PG-M International, LLC (the joint venture company that has carried out the investments in the Phase I and Phase II Properties) not already owned by it has been amended as follows: o The deadline for exercise of the option has been extended to 2 May 2014. o The option is no longer conditioned upon any action by the Company's shareholders (as it has previously envisaged a resolution to approve the reverse takeover under rule 14 of the AIM Rules which will be redundant if the Cancellation is approved). o Matra USA may assign the option in its discretion. · The Omnibus Agreement was amended so that, in the event there is a Phase III Closing (as defined in the Omnibus Agreement), only title defects for net revenue interest discrepancies and liens and encumbrances, with an a