Business
Results of Open Offer
Results of Open Offer.
About this update from Corcel Plc
[{"type":"text","content":"\n \nRNS Number : 3677U Caracal Energy Inc. 02 December 2013 \n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\nTHIS ANNOUNCEMENT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING IN THIS ANNOUNCEMENT SHOULD BE INTERPRETED AS A TERM OR CONDITION OF THE FIRM PLACING AND PLACING AND OPEN OFFER. ANY DECISION TO PURCHASE, OTHERWISE ACQUIRE, SUBSCRIBE FOR, SELL OR OTHERWISE DISPOSE OF ANY NEW COMMON SHARES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN THE PROSPECTUS. COPIES OF THE PROSPECTUS ARE AVAILABLE FROM CARACAL ENERGY INC.'S REGISTERED OFFICE AND WEBSITE AT WWW.CARACALENERGY.COM. \n \n \n \n \nCaracal Energy Inc. Announces Results of Open Offer \n \n \nCALGARY, Alberta, 2 December 2013 - Caracal Energy Inc. (\"Caracal\" or the \"Company\") (LSE:CRCL) is pleased to announce that, as at 2.30 p.m. (GMT) on 29 November 2013 (being the latest time for receipt of valid acceptances), it had received acceptances in respect of 3,290,840 new common shares in the capital of the Company (each a \"New Share\"), representing approximately 14.9 per cent. of the total number of New Shares offered to the Company's shareholders pursuant to the Global Open Offer and the Canadian Open Offer.\nIn accordance with the arrangements described in the prospectus approved by the UK Listing Authority and published by the Company on 8 November 2013 (the \"Prospectus\"), the Global Conditional Placees and the Canadian Conditional Placees will subscribe in aggregate for an additional 18,789,274 New Shares representing the balance of the New Shares not validly taken up by shareholders pursuant to the Global Open Offer and the Canadian Open Offer. \nAs soon as practicable after 8.00 a.m. (GMT) on 5 December 2013, it is expected that (i) Depositary Interests representing the New Shares will be credited to CREST accounts of persons entitled thereto and (ii) New Shares will be credited to CDS accounts of persons entitled thereto. Definitive share certificates in respect of New Shares in certificated form are expected to be dispatched to persons entitled th...