26 Nov 2015 10:37
26 November 2015
Oilex Ltd
ASX Trading Halt
Oilex Ltd (ASX: OEX, AIM: OEX) wishes to advise that its shares have been placed in a trading halt on the Australian Securities Exchange ("ASX") pending the release of an announcement in relation to the appointment of a new director to satisfy its obligations under the Australian Corporations Act. Oilex shares will continue to trade on AIM during this period.
The below text was released on the ASX regarding the trading halt:
26 November 2015
Ms Frieda OrrAustralian Securities Exchange LimitedLevel 40, Central Park152-158 St George's TerracePERTH WA 6000
By email: tradinghaltsperth@asx.com.au
Trading halt request
Oilex Ltd (ASX: OEX, AIM: OEX) (Oilex) requests a trading halt in the quotation of its ordinary shares effective immediately.
Pursuant to ASX Listing Rule 17.1, Oilex provides the following information:
· the trading halt is requested pending release of an announcement concerning the appointment of a new director to satisfy its obligations under the Corporations Act;
· Oilex requests the trading halt remain in place until the earlier of such time as it is in a position to make an announcement in relation to the above matter and commencement of trading on Monday 30 November 2015; and
· Oilex is not aware of any reason why the trading halt should not be granted, or of any other information available at this stage that is necessary to inform the market or the ASX about the trading halt.
Yours faithfully
Chris Bath
Chief Financial Officer and Company Secretary
For further information, please contact:
Investor Enquiries Oilex Ltd Ron Miller Managing Director Email: oilex@oilex.com.au Tel: +61 8 9485 3200 Australia | Nominated Adviser Strand Hanson Limited Nominated Adviser Rory Murphy / Ritchie Balmer Email: oilex@strandhanson.co.uk Tel: +44 20 7409 3494 UK
| Media Enquires Vigo Communications Public Relations UK Patrick d'Ancona / Chris McMahon Email: patrick.dancona@vigocomms.com chris.mcmahon@vigocomms.com Tel: +44 20 7016 9570 UK |