1 October 2014
IGas Energy plc ("IGas")
Scheme of Arrangement becomes Effective
The Board of IGas is pleased to note the announcement today by Dart Energy Limited ("Dart") regarding the proposed recommended acquisition of Dart by IGas by way of Scheme of Arrangement between Dart and its shareholders ("Scheme").
As announced by Dart yesterday, the Supreme Court of Queensland ("Court") issued orders approving the Scheme. Dart has today announced that it has lodged a copy of the Court's orders approving the Scheme with ASIC, which makes the Scheme legally effective.
The Scheme will now be implemented in accordance with the timetable announced yesterday.
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For further information please contact:
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IGas Energy plc |
Tel: +44 (0)20 7993 9899 |
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Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-marie Wilkinson, Head of Communications |
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Jefferies International Limited |
Tel: +44 (0)20 7029 8000 |
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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