WGO warrego energy limited
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News: WGO Warrego Energy Determines Hancock Takeover Offer Superior To Proposal From Beach Energy

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    05/12/22
    08:40
    Post #: 65146669

    Dec 5 (Reuters) - Warrego Energy Ltd (WGO) :

    • ASSESSED REVISED HANCOCK TAKEOVER OFFER & DETERMINED THAT IT IS SUPERIOR TO REVISED SCHEME PROPOSAL FROM BEACH ENERGY
    • HAS NOW ISSUED A NOTICE TO BEACH UNDER MATCHING RIGHTS REGIME IN BEACH SCHEME IMPLEMENTATION DEED
    • NOTICE GIVES BEACH 5 BUSINESS DAYS TO MATCH REVISED HANCOCK TAKEOVER OFFER
    • WARREGO DIRECTORS MAINTAIN THEIR EXISTING RECOMMENDATION IN FAVOUR OF THE BEACH SCHEME PROPOSAL
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