Afren plc (‘Afren’) provides notice of delisting and cancellation of trading of Afren shares

Afren plc (‘Afren’) provides notice of delisting and cancellation of trading of Afren shares

Notice of delisting and cancellation of trading of Afren plc shares
As announced on 15 July 2015, the Ordinary Shares of 1p each of Afren (ISIN code: GB00B0672758) (the ‘Afren Shares’) were temporarily suspended from trading by the Financial Conduct Authority (‘FCA’) at Afren’s request.

On 31 July 2015, Simon Appell, Daniel Imison and Catherine Williamson of AlixPartners were appointed by the board (with the support of Afren’s secured creditors) as the administrators of Afren.

The Joint Administrators are licensed in the UK by the Insolvency Practitioners Association. The affairs, business and property of the Company are being managed by the Administrators, who act as agents of the Company without personal liability. For the avoidance of doubt, no other company in the Afren Group has appointed administrators or taken any other step to commence insolvency proceedings. Should you have any queries regarding the Administration please contact the Afren plc hotline on +44(0) 161 838 4536 or email afren@alixpartners.com.

Pursuant to Listing Rules 5.2 and 5.3, at Afren’s request, trading in the Afren Shares on the London Stock Exchange’s main market for listed securities and the listing of the Afren Shares on the FCA’s Official List were cancelled with effect from 8.00am (UK time) today.

A copy of this announcement will be available for viewing on Afren’s website at www.afren.com.

Source: Afren plc

Oil and Gas Press
Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil”

Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook

#FOLLOW US ON INSTAGRAM