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Share Price Information for Aminex (AEX)

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2.60    -0.09 (-3.40%)
Bid:
2.50
Ask:
2.70
Spread: 0.20 (8.00%)
Market Cap: £114.56m
AEX Live PriceLast checked at - London Stock Exchange

Intraday Aminex Share Chart

Possible Transaction

21 Mar 2018 14:00

RNS Number : 4712I
Aminex PLC
21 March 2018
 

21 March 2018

 

 

Aminex plc

 ("Aminex" or "the Company")

 

Possible Transaction

 

Following recent inquiries Aminex advises that it is in discussions with Eclipse Investments LLC ('Eclipse'), which is a related party, regarding a possible farm out of part of its interest in the Ntorya Appraisal Area. Eclipse is a wholly-owned subsidiary of the Zubair Corporation and is the Company's largest shareholder. The Zubair Corporation is one of Oman's leading business groups.

 

Any farm-out would be subject to Tanzanian Government, shareholder and certain other approvals. There is no guarantee that a transaction will be completed. Shareholders will be updated when appropriate.

 

 

Ends

 

Aminex PLC

Jay Bhattacherjee, Chief Executive Officer +44 (0) 20 3198 8415

Max Williams, Chief Financial Officer

 

Investec Bank plc

Chris Sim +44 (0) 207 597 4000

 

Shore Capital 

Jerry Keen +44 (0) 20 7408 4090

 

Davy 

Brian Garrahy +353 (0) 1 679 6363

 

Camarco 

Billy Clegg / Gordon Poole / James Crothers +44 (0) 20 3757 4980

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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