29th Dec 2008 09:20
December 29, 2008
Great Eastern Energy Corporation Limited
Filing of DRHP with SEBI
Great Eastern Energy Corporation Limited ("Great Eastern Energy" or " the Company"), a company involved in the exploration, development and production of coal bed methane in India, is pleased to inform that further to the Extra Ordinary General Meeting held on September 8, 2008, the Company has filed the Draft Red Herring Prospectus ("DRHP") on Friday, December 26, 2008 with the Securities and Exchange Board of India ("SEBI") to list its equity shares on the Indian Stock Exchanges ("Indian IPO"), subject to market conditions and other considerations.
Disclaimer:
Great Eastern Energy Corporation Limited is proposing, subject to market conditions and other considerations, a public issue of its equity shares and has filed its Draft Red Herring Prospectus ("DRHP") with the Securities & Exchange Board of India ("SEBI"). The DRHP is available on the website of SEBI at www.sebi.gov.in. This press release does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any equity shares, nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision. The Equity Shares of the Company have not been and will not be registered under the U.S. Securities Act 1933, as amended or any state securities laws in the United States. This announcement may not be released in the United States.
This announcement does not constitute an offer of securities for sale in any jurisdiction, including the United States, and any securities described in this announcement may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act.
-ENDS-
For Further Information:
Great Eastern Energy
YK Modi Chairman & CEO +44 (0)20 7743 6363
Prashant Modi President & COO
Arden Partners
Richard Day +44 (0)20 7398 1632
Adrian Trimmings
Pelham Public Relations
Philip Dennis +44 (0)20 7343 6363
Related Shares:
GEEC.L