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Posting of circular

11th Mar 2016 18:00

RNS Number : 9122R
Madagascar Oil Limited
11 March 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

 

11 March 2016

 

MADAGASCAR OIL LIMITED

 

("Madagascar Oil" or the "Company")

 

Posting of Circular

 

Madagascar Oil announces that, further to its announcement of 9 March 2016, it is today posting to Shareholders a circular (the "Circular") including notice of a Special General Meeting to be held at the offices of Watson Farley & Williams, 15 Appold Street, London, EC2A 2HB at 11.00 a.m. on 31 March 2016 (the "SGM Notice") (the "Special General Meeting") to propose resolutions to approve the Delisting and the adoption of new Bye-Laws (together the "Resolutions").

 

Further details of the Resolutions are set out in the Circular and the SGM Notice and an electronic copy of both will be available on the Company's website at www.madagascaroil.com.

 

The expected timetable of principal events relating to the proposed Delisting is set out below.

 

 

 

2016

 

Latest date by which the Other Major Shareholders may elect to participate in the Tranche 1 Placing

 

13 March

Latest time and date for receipt of Forms of Instruction in respect of the Special General Meeting

 

9.00 a.m. on 29 March

Record Date and latest time and date for receipt of Forms of Proxy in respect of the Special General Meeting

 

11.00 a.m. on 29 March

Special General Meeting

 

11.00 a.m. on 31 March

Last day of dealings on AIM in the Common Shares, subject to the passing of the Resolutions

 

7 April

Cancellation of the admission to trading on AIM of the Common Shares expected to be effective, subject to the passing of the Resolutions

7.00 a.m. on 8 April

 

 

All capitalised terms used herein shall have the same meaning, unless stated or the context requires otherwise, as given to them in the Circular.

 

Contact Information:

Robert Estill - Chief Executive Officer

Stewart Ahmed - Chief Operating Officer

Gordon Stein - Chief Financial Officer

+44 (0) 20 3356 2731

Strand Hanson Limited - Nominated & Financial Adviser

Stuart Faulkner

Angela Hallett

James Dance

 

+44 (0) 20 7409 3494

Jefferies International Limited - Strategic Advisor

Richard Kent

 

 

+44 (0) 20 7029 8102

 

VSA Capital Limited - Joint broker

Andrew Monk

Andrew Raca

Justin McKeegan

+44 (0) 20 3005 5000

Mirabaud Securities LLP - Joint broker

Rory Scott

+44 (0) 20 7878 3360

Camarco - PR

Billy Clegg

Georgia Mann

+44 (0) 20 3757 4980

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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