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Ophir Energy provide an update on irrecovable undertakings


Published Dec 11, 2014
Ophir Energy

Ophir has received irrevocable undertakings and non-binding letters of intent to vote in favour of the resolutions relating to the Transaction at the Meetings and vote against the SONA Disposal Shareholder Approval Resolution.

SailingStone Capital Partners LLC has disclosed pursuant to Rule 8 of the Takeover Code that it sold 66,131 Salamander Shares on 8 December 2014, representing less than 0.0003 per cent. of Salamander's existing issued share capital.

As a result, the irrevocable undertaking given by SailingStone Capital Partners LLC to vote in favour of the resolutions relating to the Transaction at the Meetings and vote against the SONA Disposal Shareholder Approval Resolution is now in respect of 34,637,461 Salamander Shares, still representing approximately 13.37 per cent. of Salamander's existing issued share capital.

Tags: Ophir Energy




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