Compania Espanola DePetroleos S.A.U Offer Talks Terminated (2633X)
November 17 2014 - 1:31PM
UK Regulatory
TIDMSMDR
RNS Number : 2633X
Compania Espanola DePetroleos S.A.U
17 November 2014
RNS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT
JURISDICTION
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE
ON TAKEOVERS AND MERGERS (THE "CODE")
17 November 2014
Compañía Española de Petróleos, S.A.U. ("CEPSA")
CEPSA and Strategic Energy (Global) Limited ("SEG") confirm that
they have recently held discussions with Salamander Energy Plc
("Salamander" or "the Company") regarding a possible offer for the
Company, but CEPSA and SEG have now decided that they have no
intention of making an offer for the Company.
Under Rule 2.8 of the Code, CEPSA and SEG, and any person deemed
to be acting in concert with either of them, are restricted from
announcing an offer or possible offer for Salamander (and/or taking
any other action which could otherwise be restricted under Rule 2.8
of the Code) within the next six months following the date of this
announcement except in the circumstances set out in Note 2 to Rule
2.8 of the Code.
SEG has consented to the release of this announcement.
For further enquiries please contact:
FTI Consulting
Ben Brewerton / Adam Cubbage
+44203 727 1000
END
Publication on website
A copy of this announcement will be made available (subject to
certain restrictions relating to persons resident in restricted
jurisdictions) at www.cepsa.com by no later than 12 noon (London
time) on the business day following the release of this
announcement in accordance with Rule 30.4 of the Code. The content
of the website referred to in this announcement is not incorporated
into and does not form part of this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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