Inactive Instrument

Liquefied Natural Gas Limited Australian S.E.

Equities

LNG

AU000000LNG0

Liquefied Natural Gas Limited : Launch of Level I American Depositary Receipt Program

January 19, 2014 at 05:48 pm

MarketScreener.com By

ASX/MEDIA RELEASE 20 January 2014 LAUNCH OF LEVEL I AMERICAN DEPOSITARY RECEIPT PROGRAM

? LNG Ltd is receiving strong interest from US investors as Magnolia LNG progresses

? OTC facility provides a convenient vehicle for real?time trading in the US

Liquefied Natural Gas Limited ("LNG Ltd" or the "Company") is pleased to announce it has arranged for the quotation of its American Depositary Receipts ("ADRs") on the OTC International platform in the United States. The Company's ADRs will trade under the symbol "LNGLY" and represent 1 ADR for every 40 ordinary LNG Ltd shares.
LNG Ltd will continue to trade under the symbol "LNG" on the Australian Securities Exchange ("ASX").
The ADRs enable qualifying non?US companies to have direct exposure to the US investment community. This will complement LNG Ltd's listing on the ASX.
LNG Ltd Managing Director, Maurice Brand, said that "during 2013, the Company promoted its 8mtpa Magnolia LNG Project in Lake Charles, Louisiana, to a range of US investment groups. A number of these parties participated in last month's Share Placement.
We recognise there is strong interest to invest in the Company from institutional, high?net?worth and retail investors in North America and a quotation on the OTC will provide the opportunity for these investors to trade conveniently and efficiently in their normal exchange trading hours. The Magnolia LNG project is moving towards being granted Filing status with the US Federal Energy Regulatory Commission and achievement of this milestone, with other commercial milestones, will materially increase the Company's US profile."
Deutsche Bank has been appointed as the exclusive depositary Bank for the Company's ADR program.

For further information contact: Mr Maurice Brand Mr David Gardner Managing Director & Joint Chief Executive Officer Company Secretary Liquefied Natural Gas Limited

Ground Floor, 5 Ord Street, West Perth WA 6005

Telephone: (08) 9366 3700 Facsimile: (08) 9366 3799

Email: LNG@LNGLimited.com.au
Web site: www.LNGLimited.com.au

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Latest news about Liquefied Natural Gas Limited

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Liquefied Natural Gas Limited Reports Earnings Results for the Full Year Ended June 30, 2019	19-08-29	CI

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Company Profile

Liquefied Natural Gas Limited is engaged in the business of developing liquefied natural gas (LNG) export terminal projects in the United States, Canada and Australia. The Company's segments are LNG Infrastructure, and Technology and Licensing. The LNG Infrastructure segment focuses on identification and progression of opportunities for the development of LNG projects. The LNG Infrastructure segment includes project development activities, construction activities, and production and sale of LNG via offtake arrangements with external parties. The LNG Infrastructure segment includes the aggregation of the Magnolia LNG project, Bear Head LNG project and Fisherman's Landing LNG project. The Technology and Licensing segment is involved in the development of LNG technology, through research and development activities. The Company's subsidiaries include LNG International Pty Ltd, Gas Link Global Limited, LNG Management services Pty Ltd and LNG Technology Pty Ltd.

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