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Scheme of Arrangement becomes Effective

1 Oct 2014 07:00

RNS Number : 1130T
Igas Energy PLC
01 October 2014
 



1 October 2014

 

IGas Energy plc ("IGas")Scheme of Arrangement becomes Effective

 

The Board of IGas is pleased to note the announcement today by Dart Energy Limited ("Dart") regarding the proposed recommended acquisition of Dart by IGas by way of Scheme of Arrangement between Dart and its shareholders ("Scheme").

 

As announced by Dart yesterday, the Supreme Court of Queensland ("Court") issued orders approving the Scheme. Dart has today announced that it has lodged a copy of the Court's orders approving the Scheme with ASIC, which makes the Scheme legally effective.

 

The Scheme will now be implemented in accordance with the timetable announced yesterday.

 

- Ends -

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

 

 

Jefferies International Limited

Tel: +44 (0)20 7029 8000

Sara Hale 

Graham Hertrich

 

Canaccord Genuity

Tim Redfern

 

 

 

Tel: +44 (0)20 7523 8000

 

MHP

Rupert Trefgarne Tel: +44 (0)20 3128 8100

 

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