Petroceltic International PLC Appointment of Interim Examiner (4742R)
March 09 2016 - 2:01AM
UK Regulatory
TIDMPCI
RNS Number : 4742R
Petroceltic International PLC
09 March 2016
Dublin
9 March 2016
Petroceltic International Plc
("Petroceltic" or the "Company")
Appointment of Interim Examiner
Petroceltic today announces that the Irish High Court has
approved its application for the appointment of Mr. Michael McAteer
of Grant Thornton as interim examiner to Petroceltic International
plc, Petroceltic Investments Limited and Petroceltic Ain Tsila
Limited (together the "Petition Companies").
Worldview EHS International Master Fund ("Worldview"), which on
4 March 2016 presented a petition for the appointment of an
examiner, consented to the application.
The Petition Companies are now subject to the protection of the
Court pursuant to the relevant provisions of the Companies Act 2014
of Ireland (the "Petition").
The full hearing of the Petition will be heard on 4 April
2016.
ENDS
For further information, please contact:
Brian O' Cathain /Tom Hickey, Petroceltic International plc Tel:
+353 (1) 421 8300
James Henderson / Rollo Crichton-Stuart, Bell Pottinger Tel: +44
(20) 3772 2500
Douglas Keatinge / Joe Heron, Murray Consultants Tel: +353 (1)
498 0300
John Frain / Roland French, Davy Corporate Finance Tel: +353 (1)
679 6363
The Directors of Petroceltic International plc accept
responsibility for the information contained in this announcement.
To the best of their knowledge and belief (having taken all
reasonable care to ensure that such is the case), the information
contained in this announcement is in accordance with the facts and
does not omit anything likely to affect the import of such
information.
Notes to Editors:
Petroceltic International plc is an Upstream Oil and Gas
Exploration and Production Company focused on the development of
the Ain Tsila Gas field in Algeria, and listed on the London Stock
Exchange's AIM Market and the Irish Stock Exchange's ESM Market.
The Company has production, exploration and development assets in
Algeria, Egypt, Bulgaria and Italy.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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