03:00 Mon 11 Apr 2016
Petroceltic Intnl - Appointment of Examiner
Appointment of Examiner
On
The Company today announces that the Petition was heard by the Court and that the Court has approved the appointment of
The Examination process facilitates parties who may have an interest in investing in the Petition Companies and the Examiner has prepared an Information Memorandum which will be made available upon signature of an appropriate confidentiality agreement. It is anticipated that best and final offers for the Petition Companies, which must be accompanied by adequate proof of funding, will be required to be made by early May.
The Examiner reserves the right to alter or terminate the investment process and to accept or reject any investment offer at any time. No warranties will be given as part of the sale process.
Ends
For further information, please contact:
The Directors of
Notes to Editors:
This information is provided by RNS
Quick facts: Petroceltic International PLC
Price: -
Market: AIM
Market Cap: -
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