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 Dow Jones CAds Plc Proposed Acquisition of the entire Issued Share Capital of Proventus Energy Plc- Dow Jones CAds Plc Proposed Acquisition of the entire Issued Share Capital of Proventus Energy Plc
- February 20, 2012
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The Directors of CADS (the "Directors") are pleased to announce that the Company has entered into a conditional agreement with Samrat Deep Bhandari and Todor Valev Todorov (the "Vendors" or the "Proposed Directors") to acquire the entirety of the issued share capital which CADS does not currently own of Proventus Energy Plc ("PEP") for a consideration of approximately GBP 47,523,900...
The Directors of CADS (the "Directors") are pleased to announce that the Company has entered into a conditional agreement with Samrat Deep Bhandari and Todor Valev Todorov (the "Vendors" or the "Proposed Directors") to acquire the entirety of the issued share capital which CADS does not currently own of Proventus Energy Plc ("PEP") for a consideration of approximately GBP 47,523,900 (Euro 55,600,000), such consideration to be satisfied through the issue to the Shareholders of PEP of 2,715,651,43...
- View more at: http://www.1888pressrelease.com/dow-jones-cads-plc-proposed-acquisition-of-the-entire-issued-pr-375373.html
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