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Scheme of arrangement update

23rd Sep 2014 07:00

RNS Number : 3175S
Igas Energy PLC
23 September 2014
 



23 September 2014

 

IGas Energy plc ("IGas" or "the Company")

Scheme of arrangement ("Scheme") update - NSW Ministerial approval condition satisfied

 

The Board of IGas welcomes the announcement today by Dart Energy Limited ("Dart") regarding the NSW Ministerial approval for a change in control in Dart's NSW licences. Dart announced that one of the outstanding conditions to the Scheme, being NSW Ministerial approval for a change in control in Dart's NSW licences, has now been satisfied. The Scheme remains subject to the approval of the UK Competition and Markets Authority ("the CMA Condition") and the approval of the Supreme Court of Queensland ("Court").

- Ends -

For further information please contact:

IGas Energy plc

Tel: +44 (0)20 7993 9899

Andrew Austin, Chief Executive Officer

Stephen Bowler, Chief Financial Officer

Ann-marie Wilkinson, Head of Communications

 

Jefferies International Limited

Tel: +44 (0)20 7029 8000

Sara Hale 

Graham Hertrich

 

Canaccord Genuity

Tim Redfern

 

 

Tel: +44 (0)20 7523 8000

 

MHP

Rupert Trefgarne Tel: +44 (0)20 3128 8100

 

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