Update- proposed acquisition
03 April 2008 - 11:00AM
UK Regulatory
RNS Number:4659R
Ethanol Investments PLC
03 April 2008
Ethanol Investments plc
("EI" or "the Company")
Update
Ethanol Investments plc ("EI" or "the Company"), notes the announcement made
earlier today by Libra Natural Resources plc ("LNR"), concerning the proposed
acquisition by EI, through its wholly owned subsidiary, of a portfolio of assets
from LNR.
EI is pleased to confirm, in line with the announcement made by the Company on
18 December 2007, that this proposed transaction forms part of a larger series
of acquisitions, which EI is currently in the final stages of negotiating.
The proposed acquisitions will comprise a reverse takeover of the Company under
the AIM Rules, and an admission document, containing full details of the
proposals and convening a general meeting of the Company, is expected to be
dispatched to shareholders in the near future.
For further information:
Ethanol Investments plc
Peter Greensmith, Chief Executive Tel: +44 (0) 20 7877 5040
Seymour Pierce Ltd
Nominated Advisor & Broker Tel: +44 (0) 20 7107 8000
Jonathan Wright/Matthew Thomas
- Ends -
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGGGDVZMGRZM
Libra Natural Resources (LSE:LNR)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Libra Natural Resources (LSE:LNR)
Historical Stock Chart
Von Mai 2023 bis Mai 2024
Echtzeit-Nachrichten über Libra Natural (Londoner Börse): 0 Nachrichtenartikel
Weitere Libra Natural Res. News-Artikel