WGO warrego energy limited
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News: WGO Warrego Energy Receives Off-Market Takeover Offer From Hancock Energy

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    01/12/22
    12:20
    Post #: 65096266

    Dec 1 (Reuters) - Warrego Energy Ltd (WGO) :

    • HANCOCK ENERGY OFF-MARKET TAKEOVER OFFER FOR WARREGO
    • TAKEOVER OFFER PRICE OF A$0.23 PER SHARE
    • BOARD ADVISES SHAREHOLDERS TO TAKE NO ACTION IN RELATION TO HANCOCK TAKEOVER OFFER UNTIL THEY RECEIVE FURTHER ADVICE FROM BOARD
    • DIRECTORS MAINTAIN THEIR EXISTING RECOMMENDATION IN FAVOUR OF BEACH SCHEME PROPOSAL
    • CONSIDERING HANCOCK OFFER, AND IN PARTICULAR, WHETHER IT CONSTITUTES SUPERIOR PROPOSAL UNDER TERMS OF BEACH SCHEME
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