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Update on Approach for Business and Assets

13 Nov 2015 07:00

RNS Number : 5898F
Renewable Energy Generation Ltd
13 November 2015
 

Renewable Energy Generation Limited ("the Company" or "REG")

Update on approach for business and assets

 

Further to the announcement on 9 October 2015 titled "Approach for business and assets" the Company announces that it remains in discussions with the potential buyer with a view to agreeing the terms of an offer for its trading subsidiaries, representing the business, assets and undertakings of REG ("the Assets"). The Board anticipate receipt of a formal offer following conclusion of the buyer's due diligence into the Assets, which is nearing completion. A further announcement will be made in due course.

 

Publication of REG's annual results will accompany the circular convening a General Meeting at the point Shareholders are asked to consider the proposals. Otherwise they will be released in due course in accordance with REG's obligations under the AIM Rules for Companies.

 

For further information please visit www.renewableenergygeneration.co.uk or contact the following:

Andrew Whalley

Chief Executive Officer

Renewable Energy Generation Ltd

+44 (0)1483 901 796

David Crockford

Finance Director

Renewable Energy Generation Ltd

+44 (0)1483 901 796

Bobbie Hilliam

 

Cenkos (Broker)

+44 (0)20 7397 8900

Martyn Fraser, Sara Thompson

 

Smith & Williamson Corporate Finance Limited (Nominated Adviser and Financial Adviser to the Independent Directors)

+44 (0)117 376 2213

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCPKBDPFBDDADD
Date   Source Headline
7th Jan 20097:00 amRNSStatement re New General Revolving Credit Facility
31st Dec 20089:13 amRNSAnnual Report and Accounts
23rd Dec 20087:00 amRNSAcquisition - REG Bio-Power
23rd Sep 200810:48 amRNSPreliminary Results - Replacement
23rd Sep 20087:00 amRNSPreliminary Results for year ended 30 June 2008
11th Aug 200812:44 pmRNSPlanning approval granted for
5th Aug 20085:28 pmRNSHolding(s) in Company
28th Jul 20087:00 amRNSExtension of Power Purchase A
25th Jul 20083:01 pmRNSHolding(s) in Company
24th Jul 20083:26 pmRNSHolding(s) in Company
23rd Jul 20087:00 amRNSPre-Close Trading Statement
22nd Jul 20081:19 pmRNSHolding(s) in Company
17th Jul 200811:51 amRNSHolding(s) in Company
14th Jul 20087:00 amRNSPlanning approval granted for
4th Jul 200812:00 pmRNSHolding(s) in Company
3rd Jul 20083:59 pmRNSHolding(s) in Company
30th Jun 200810:04 amRNSRefinancing and Turbine Order
2nd May 200811:14 amRNSHolding(s) in Company
22nd Apr 20084:23 pmRNSHolding(s) in Company
11th Apr 200810:51 amRNSResult of AGM
11th Apr 20087:00 amRNSAGM Statement
26th Mar 20083:23 pmRNSDirector/PDMR Shareholding
25th Mar 20085:10 pmRNSNotice of AGM
7th Mar 20083:27 pmRNSHolding(s) in Company
19th Feb 20085:48 pmRNSDividend Declaration
19th Feb 20087:00 amRNSInterim Results
16th Jan 200812:56 pmRNSHolding(s) in Company
15th Jan 20087:00 amRNSNotification Interim Results
10th Jan 20082:08 pmRNSHolding(s) in Company
9th Jan 200810:29 amRNSHolding(s) in Company
20th Dec 20074:18 pmRNSAnnual Report and Accounts
13th Dec 20073:09 pmRNSDirector/PDMR Shareholding
4th Dec 20072:41 pmRNSAcquisition
5th Nov 20074:43 pmRNSDirector/PDMR Shareholding
30th Oct 20074:33 pmRNSStatement re credit facility
29th Oct 20076:02 pmRNSDirector/PDMR Shareholding
23rd Oct 20074:15 pmRNSHolding(s) in Company
17th Oct 20073:47 pmRNSDirector/PDMR Shareholding
16th Oct 20072:27 pmRNSDisposal
28th Sep 20077:04 amRNSAcquisition
20th Sep 20077:00 amRNSDividend Declaration
13th Sep 20073:07 pmRNSFinal Results
21st Aug 20079:41 amRNSHolding(s) in Company
17th Aug 20075:00 pmRNSCompliance with Rule 26
25th Jul 20077:00 amRNSTrading Statement
20th Jun 200712:48 pmRNSHolding(s) in Company
13th Jun 20077:01 amRNSTrading Statement
8th Jun 20077:01 amRNSBoard Changes
4th Jun 20075:04 pmRNSHolding(s) in Company
11th Apr 20075:37 pmRNSDividend Declaration

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