Maple Energy plc Cancellation of Admission to Trading on AIM (5697P)
June 08 2015 - 12:31PM
UK Regulatory
TIDMMPLE
RNS Number : 5697P
Maple Energy plc
08 June 2015
08 June2015
MAPLE ENERGY PLC
("Maple" or the "Company")
Cancellation of Admission to Trading on AIM
Maple Energy plc advises that pursuant to AIM Rule 41, the
Company's shares will be cancelled from trading on AIM
("Cancellation") at 7:00 a.m. on 9 June 2015 due to having been
suspended from trading for six months.
As announced on 8 December 2014, the Company's shares were
suspended from trading on AIM pending further clarification and the
outcome of negotiations with the Senior Lenders. On 22 December
2014, the Company announced that it had entered into a term sheet
("Term Sheet") with the senior lenders ("Senior Lenders") to the
Company's ethanol business, Maple Etanol S.R.L and Maple
Biocombustibles S.R.L (together, the "Ethanol Companies") in
respect of the existing senior secured loans (the "Ethanol Loans")
provided to the Ethanol Companies by the Senior Lenders. The Term
Sheet defined the steps and actions to be taken in order to repay
the outstanding balance of the Ethanol Loans and the Company
continues to work with the Senior Lenders in accordance with the
Term Sheet.
At the present time Maple is also listed on the Lima Stock
Exchange (Bolsa de Valores de Lima) and the Company advises that
this listing will terminate automatically upon Cancellation
becoming effective.
Shareholders are advised that, following Cancellation, the
Company intends to provide updates via its website at
www.maple-energy.com. All queries in relation to shareholdings in
the Company should be directed to Capita Asset Services,
Shareholders solutions (Ireland) 2 Grand Canal Square, Dublin 2,
Ireland.
For further information, please contact:
Maple Energy plc (+ 51 1 611 4000)
Guillermo Ferreyros, Chief Executive Officer and Executive
Director
Cenkos Securities plc (+ 44 131 220 6939)
Derrick Lee
Neil McDonald
This information is provided by RNS
The company news service from the London Stock Exchange
END
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