Petroceltic International reaches agreement with Worldview Capital Management SA (Scandinavian Oil-Gas Magazine)

Petroceltic International reaches agreement with Worldview Capital Management SA

Published Jun 17, 2014

Petroceltic International has reached agreement with Worldview Capital Management SA (Worldview), a 20.04% shareholder in the Company, in relation to certain matters raised by Worldview in connection with the proposed placing by the Company to raise $100 million announced on 16 May 2014 (the "Placing").

Subject to the terms of the agreement, Worldview has undertaken to vote in favour of the Placing at the adjourned Extraordinary General Meeting of the Company (EGM) scheduled for 16 June 2014 and proposed to be adjourned to 26 June 2014.

Tags: Petroceltic International plc

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