Update on transfer of onshore shale gas business
Further to the announcement of 5 June 2014, Egdon wishes to notify that it has now obtained consent from DECC for the transfer of licences from Alkane. As a consequence, admission of the new ordinary shares issued pursuant to the transaction with Alkane, the Placing and Open Offer, and completion of the acquisition, is now expected to become effective on 12 June 2014. (Read more…)
Result of Extraordinary General Meeting
The Directors of Egdon Resources plc are pleased to announce that at the Extraordinary General Meeting held at the offices of Norton Rose Fulbright LLP on 5 June 2014, all resolutions put before shareholders at the meeting were duly passed.
Update on transfer of onshore shale gas business
Further to the announcement of 13 May 2014, Egdon wishes to notify that it is still awaiting consent from DECC for the transfer of licences from Alkane and now expects this consent to be obtained by 12 June 2014. As a consequence, admission of the new ordinary shares issued pursuant to the transaction with Alkane, the Placing and Open Offer, is now expected to become effective on or around 12 June 2014 rather than 6 June 2014 as originally notified.