Last checked at 13 Jan 2020 10:29
THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6 (c) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN OR NOT TAKEN THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS
DNO ASA
Rule 19.6 (c) confirmation with respect to stated post-offer intentions with regard to Faroe Petroleum plc
DNO ASA ("DNO" or "the Company") announces that further to the offer for Faroe Petroleum plc ("Faroe") which was declared wholly unconditional on 11 January 2019 it has duly confirmed in writing to The Panel on Takeovers and Mergers that it has complied with its post-offer statements of intent made pursuant to Rules 2.7 (c) (iv) and 24.2 of the Code as originally set out in its offer document dated 12 December 2018.
Enquiries
DNO
Media: media@dno.no Tel: +47 911 57 197
Investors: ir@dno.no
DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen.
Lambert Energy Advisory Limited
Philip Lambert Tel: +44 20 7491 4475
David Anderson Tel: +44 20 7491 4475
Lambert Energy Advisory Limited, which is authorised and regulated in the UK by the FCA, is acting exclusively for DNO and no‑one else in connection with the matters set out in this announcement and will not be responsible to anyone other than DNO for providing the protections afforded to clients of Lambert Energy Advisory Limited nor for providing advice in relation to the matters referred to in this announcement.