UNV universal coal plc
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News: UNV Universal Coal Updates On Offer From A Consortium Of Investors

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    26/10/18
    08:50
    Post #: 36268183

    Oct 26 (Reuters) - Universal Coal PLC (UNV) :

    • UNIVERSAL COAL PLC - RECEIVED OFFER FROM A CONSORTIUM OF INVESTORS LED BY ATA RESOURCES PROPRIETARY FOR A CASH CONSIDERATION OF AUD0.35/UNIVERSAL SHARE
    • UNIVERSAL COAL PLC - FORMED A COMMITTEE OF DIRECTORS THAT ARE CONSIDERED TO BE INDEPENDENT WITH RESPECT TO ATA TRANSACTION
    • UNIVERSAL COAL PLC - COMMITTEE CONSIDERS IT IS IN BEST INTERESTS OF CO'S SHAREHOLDERS TO CONTINUE TO ENGAGE WITH ATA RESOURCES AND CONSORTIUM
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