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88 Energy Limited - Bidder’s Statement - Commencement of Despatch

RNS Number : 8356N
88 Energy Limited
26 May 2020
 

 

 

88 Energy Limited

 

Bidder's Statement - Commencement of Despatch

 

88 Energy Limited ("88 Energy" or the "Company", ASX:88E, AIM 88E) confirms that on 25 May 2020, pursuant to the off-market takeover bid by 88 Energy for XCD Energy Limited, the Company commenced the despatch of its bidder's statement dated 21 May 2020, which contains 88 Energy's offers to acquire all of the ordinary shares and listed options in XCD Energy Limited (ACN 108 403 425), (the "Offers").

 

88 Energy confirms that the Offers are now open to acceptance.

 

This announcement has been authorised by the Board.

 

 

Media and Investor Relations:

 

88 Energy Ltd

Dave Wall, Managing Director

Tel: +61 8 9485 0990

Email: [email protected]

 



Finlay Thomson, Investor Relations

Tel: +44 7976 248471



Hartleys Ltd

Dale Bryan

Tel: + 61 8 9268 2829

 



Cenkos Securities

Neil McDonald/Derrick Lee

 

Tel: + 44 131 220 6939

 

 

 


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Quick facts: 88 Energy Ltd

Price: 0.27

Market: AIM
Market Cap: £23.43 m
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