18th Sep 2013 14:00
18 September 2013
UMC Energy PLC
("UMC Energy" or the "Company")
Result of Court Hearing in relation to Re-domiciliation of the Company
The board of UMC Energy is pleased to announce that, further to the Company's announcements of 5 August 2013 and 29 August 2013, the Companies Court in London has today confirmed the Capital Reduction, and therefore the Proposals to give effect to the re-domiciliation of the Company are expected to become effective on 19 September 2013. Accordingly, the last day of trading of UMC Energy PLC shares is expected to be today, 18 September 2013 and the new UMC Energy Corporation shares are expected to be admitted to trading on AIM at 8.00 a.m. on 19 September 2013.
Capitalised terms in this announcement carry the same meaning as ascribed to them in the circular dated 5 August 2013.
For further information:
Enquiries:
UMC Energy Plc Chrisilios Kyriakou, Chairman Laurence Read, Corporate Development Officer |
+44(0) 20 3289 9923 |
Strand Hanson Limited (Nominated Adviser) Angela Hallett / James Spinney | +44 (0) 20 7409 3494
|
Shore Capital Stockbrokers Limited (Joint Broker) Jerry Keen / Stephane Auton / Patrick Castle | +44 (0)20 7408 4090 |
HD Capital Partners LLP (Joint Broker) Philip Haydn-Slater / Paul Dudley | +44 (0) 20 3551 4870
|
Related Shares:
UEP.L