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  2. Share Prices
  3. SO4.L Share Price
  4. SO4.L Share Regulatory News
  5. RIGHTS ISSUE CANCELLED AND COMPANY RESTRUCTURE

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RIGHTS ISSUE CANCELLED AND COMPANY RESTRUCTURE

22 Aug 2014 10:00

RNS Number : 7874P
Wildhorse Energy Limited
22 August 2014
 



22 August 2014

 

AIM/ASX Code: WHE

 

 

RIGHTS ISSUE CANCELLED AND COMPANY RESTRUCTURE

 

AIM and ASX listed Wildhorse Energy Limited ('WHE' or 'the Company') announces that, following its announcement dated 11th August 2014, regarding the withdrawal of the Singapore Exchange listed Linc Energy Ltd from the proposed coal sale transaction contemplated by the Heads of Agreement, the Company has cancelled the current non-renounceable rights issue. All funds submitted to the Company will be returned to subscribing shareholders.

 

The Company now plans to conduct a review and possible restructuring of its board, operations and strategy, details of which will be announced in due course.

 

**ENDS**

 

For further information please visit www.wildhorse.com.au or contact:

Matt Swinney

Wildhorse Energy Limited

Tel: +44 (0)207 292 9110

Colin Aaronson/Jen Clarke/Jamie Barklem

Grant Thornton UK LLP

Tel: +44 (0)207 383 5100

 

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