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20 Apr 2015 12:39
20 April 2015 |
Urals Energy PCL
(''Urals Energy'' or the ''Company'')
Statement regarding share price movement
The Board of Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, notes the rise this morning in the Company's share price and the speculation online regarding a possible offer for Urals Energy.
The Company confirms that it has not received an approach with regards to a possible takeover of Urals Energy.
Aside from the unfounded speculation, the Board is not aware of any reason for today's share price movement.
- Ends -
For further information, please contact:
Urals Energy Public Company Limited | |
Andrew Shrager, Chairman | Tel: +7 495 795 0300 |
Leonid Dyachenko, Interim Chief Executive Officer | www.uralsenergy.com |
Allenby Capital Limited Nominated Adviser and Broker | |
Nick Naylor | Tel: +44 (0) 20 3328 5656 |
Alex Price | www.allenbycapital.com |
Media enquiries: Abchurch | |
Henry Harrison-Topham / Quincy Allan | Tel: +44 (0) 20 7398 7702 |
uralsenergy@abchurch-group.com | www.abchurch-group.com |
Urals Energy Plc (UEN)
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