Beacon Energy PlcLSE: BCE

Suspension in trading in the Company's shares

· Issued by Beacon Energy Plc
RNS Number : 8728M
CEB Resources PLC
12 May 2015
 

12 May 2015

CEB Resources plc

("CEB" or "the Company")

Suspension of trading in the Company's ordinary shares

Further to the announcement yesterday morning regarding the movement in the Company's share price, CEB Resources plc (AIM: CEB), the mining and natural resources investment company, confirms that it is evaluating an investment in oil and gas assets in Indonesia, which would be associated with a fund raising.  Whilst the transaction is not a reverse, the Company has requested that trading in its ordinary shares be suspended with effect from this morning until such time as further clarity can be given on these matters.  A further announcement will be made in due course.

The Company emphasises that whilst discussions are ongoing, there is no guarantee that the transaction will occur. 

For further information, please contact:

CEB Resources plc

Cameron Pearce / Jeremy King

Tel: +44 (0) 1624 681250

Sanlam Securities UK Limited

Lindsay Mair / Andrew Wagstaff

Tel: +44(0) 207 628 2200

Peter House Corporate Finance Limited

Lucy Williams

Tel: +44 (0) 207 469 0930

Cornhill Capital

Nick Bealer

Tel: +44 (0) 207 710 9612


This information is provided by RNS
The company news service from the London Stock Exchange
 
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