Posting of Circular

RNS Number : 5690Z

Independent Resources PLC

16 March 2017

 

FOR IMMEDIATE RELEASE

Independent Resources plc

("IRG" or the "Company")

Posting of Circular

The Company is pleased to announce that further to the announcement of 14 March 2017, it has today posted to its shareholders a circular setting out details of the Open Offer and Notice of General Meeting. 

A copy of the circular will be available on the Company's website at www.ir-plc.com.

Updated Timetable of Principle Events

                                                                                                                                      2017

Record Date for entitlement under the Open Offer ......................................  close of business on 13 March

Announcement of the Open Offer ............................................................................................. 14 March

Posting of the Circular, Form of Proxy and to Qualifying

non-CREST Shareholders only, the Application Form  ................................................................ 16 March

Ex-entitlement Date for the Open Offer..................................................................  8:00 a.m. on 14 March

Open Offer Entitlements and Excess CREST Open Offer Entitlements credited 
to stock accounts in CREST of Qualifying CREST Shareholders  ..............................8.00 a.m. on 16 March

Latest recommended time and date for requesting withdrawal of Open Offer 
Entitlements and Excess CREST Open Offer Entitlements from CREST  ..................... 4.30 p.m. on  7 April

Latest time for depositing Open Offer Entitlements and Excess

CREST Open Offer Entitlements into CREST ........................................................... 3.00 p.m. on 10 April

Latest time and date for splitting Application

Forms (to satisfy bona fide market claims)  .............................................................. 3.00 p.m. on 11 April

Latest time and date for receipt of Forms of Proxy ........................................... 11.00 a.m. on 12 April

Latest time and date for receipt of completed Application Forms and

payment in full under the Open Offer or settlement of relevant

CREST instruction (as appropriate)  ................................................................... 11.00 a.m. on 13 April

General Meeting  ................................................................................................. 11.00 a.m. on 18 April

Expected time of announcement of results of the General Meeting............................. 4.30 p.m. on 18 April

Expected time and date of announcement of results of the Open Offer ........................ 4.30 p.m. on 18 April

Admission effective and dealings in the Open Offer Shares expected
to commence on AIM.............................................................................................. 8.00 a.m. on 19 April

Expected date for crediting of Open Offer Shares in uncertificated form to
CREST stock accounts .......................................................................................... 8.00 a.m. on 19 April

Expected date of despatch of share certificates in respect of

Open Offer Shares in certificated form ........................................................................................... 3 May

For more information, please visit www.ir-plc.com or contact:

James Parsons Greg Coleman		Echo Energy plc Echo Energy plc	[e-mail] [e-mail]
John Treacy Jamie Spotswood		ZAI Corporate Finance Ltd. (Nominated Adviser)	020 7060 2220
Oliver Stansfield Jonathan Evans		Brandon Hill Capital (Broker)	020 3463 5000

The information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation 596/2014 ("MAR").

 

END

 

 

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