Aladdin Oil & Gas Company ASA (Aladdin) has signed a sale and purchase agreement with Levant Energy Limited which owns some 27.5% of the issued share capital of Timan Oil and Gas Plc which Aladdin will acquire in exchange for the issue of new ordinary shares of Aladdin representing some 90.7% of the enlarged issued share capital of Aladdin. The existing Board Aladdin members will resign at the EGM called for 5 December 2014. A nomination committee of shareholders will propose a new board of directors for election at the EGM.
Ecoteq Energy ASA
Equities
ECOT
NO0012883281
Oil & Gas Exploration and Production
1st Jan change | Capi. | |
---|---|---|
+4.31% | 287B | |
+75.77% | 144B | |
-2.53% | 132B | |
+13.40% | 76.92B | |
+6.61% | 74.11B | |
+2.48% | 54.26B | |
+2.96% | 45.57B | |
-6.83% | 37.33B | |
+31.65% | 36.41B |