19th Aug 2008 09:41
19 August 2008
Strategic Investment
Wellington Asset Management Limited ("Wellington") today announces that it acquired an interest of 4,258,000 ordinary shares of 10p each in Forum Energy Plc ("Forum") on 18 August 2008, representing 14.83 per cent. of Forum's ordinary issued share capital.
Wellington has no intention to make an offer for the whole of Forum and has acquired its 14.83 per cent. interest as a strategic investment. The strategic investment was acquired through Jefferies International Limited acting as an agent for Wellington.
Enquiries
Jefferies International Limited
Chris Snoxall
0207 029 8428
About Wellington
Wellington is a newly established independent company specialising in the oil and gas sector.
Jefferies International Limited is acting exclusively for Wellington and no one else in connection with the strategic investment by Wellington and this announcement and will not be responsible to anyone other than Wellington for providing the protections afforded to clients of Jefferies International Limited, nor for providing advice in connection with the strategic investment by Wellington or this announcement or any matter referred to in this announcement.
Ends
Related Shares:
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