XCD xcd energy limited
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News: XCD 88 Energy Announces Intention To Make Off-Market Takeover Offer To Acquire Xcd Energy

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    27/04/20
    09:05
    Post #: 44270500

    April 27 (Reuters) - 88 Energy Ltd (88E) :

    • INTENTION TO MAKE AN OFF-MARKET TAKEOVER OFFER TO ACQUIRE XCD ENERGY
    • OFFER IS 1.67 NEW 88 ENERGY SHARES FOR EVERY XCD ENERGY SHARE HELD
    • OFFER IS 0.5 NEW 88 ENERGY SHARES FOR EVERY XCD ENERGY LISTED OPTION HELD
    • PROPOSED OFFERS VALUE EQUITY OF XCD ENERGY AT ABOUT A$7.5 MILLION
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