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News: UNV Universal Coal Responds To Terracom Announcement

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    05/03/20
    12:30
    Post #: 43320004

    March 5 (Reuters) - Universal Coal PLC (UNV) :

    • RESPONSE TO TERRACOM ANNOUNCEMENT
    • UNSOLICITED BID CANNOT PROCEED UNTIL INTERIM STOP ORDER IS REMOVED BY ASIC
    • IT IS UNCLEAR FROM TERRACOM ANNOUNCEMENT WHICH PARTICULAR ASPECTS OF OFFER DOCUMENT AND / OR UNSOLICITED BID ARE OF CONCERN TO ASIC
    • IT IS UNCLEAR ON WHAT BASIS ASIC MAY BE MINDED TO REMOVE INTERIM STOP ORDER
    • UNTIL THE INFORMATION REGARDING INTERIM STOP ORDER IS AVAILABLE, STATUS OF UNSOLICITED BID IS UNCERTAIN
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