21 Oct 2014 13:00
21 October 2014
IGas Energy plc ("IGas" or "the Company")Completion of Small Shareholder Sale Facility and Ineligible Overseas Shareholder Sales
Further to the Company's announcement of 16 October confirming completion of its acquisition of Dart Energy Limited ("Dart"), the Board of IGas is pleased to announce the completion of all sales of IGas shares in respect of the small shareholder sale facility and for ineligible overseas shareholders (the "Share Sales").
The aggregate number of shares sold in the market by Jefferies pursuant to the Share Sales was 163,102.
The proceeds of the Share Sales will be remitted to the former Dart shareholders on whose behalf the shares were sold by Computershare as soon as practicable in accordance with the Dart Scheme Booklet dated 23 July 2014.
As from the close of trading on Tuesday, 21 October 2014 (in Australia), shares in Dart Energy Limited have been removed from the ASX Official List pursuant to ASX Listing rule 17.11.
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For further information please contact:
IGas Energy plc | Tel: +44 (0)20 7993 9899 |
Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-marie Wilkinson, Head of Communications
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Jefferies International Limited | Tel: +44 (0)20 7029 8000 |
Sara Hale Graham Hertrich
Canaccord Genuity Tim Redfern |
Tel: +44 (0)20 7523 8000 |
MHP Communications
Rupert Trefgarne Tel: +44 (0)20 3128 8100