('Infinity Energy' or the 'Company')
Further to the announcement released on 15 October 2015, the Board of Infinity Energy is continuing its discussions about the possible acquisition of 50% interests in 9 UK PEDL licenses located in South Wales that are currently owned by Eden Energy Limited in Australia.
As the acquisition would represent a reverse takeover under AIM Rules, trading in the Company's ordinary shares will remain suspended pending the publication of an admission document by the Company or an announcement that the proposed acquisition is no longer proceeding.
If the suspension of trading in the Company's ordinary shares on AIM is not lifted within six months of the suspension, being 15 April 2016, the admission of the Company's ordinary shares to AIM will be cancelled.
Infinity Energy S.A. | |
Gerwyn Williams | Tel: +44 7889 677 397 |
Bruce Vandenberg | Tel: +44 7899 791 726 |
Nomad | |
Cairn Financial Advisers LLP | |
Sandy Jamieson James Caithie | Tel: +44 207 148 7900 |
Broker Alexander David Securities Ltd | |
David Scott | Tel: +44 207 448 9821 |
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