Variation of Option Agreement
2009年6月29日 - 7:21PM
RNSを含む英国規制内ニュース (英語)
TIDMINDY
RNS Number : 6681U
India Star Energy plc
29 June 2009
India Star Energy Plc ("India Star" or the "Company")
Variation of Option Agreement
29 June 2009
The Company announced on 10 July 2008 that it had acquired an option to purchase
100 per cent. of the issued share capital of New Fuels International Limited
("NFIL"), a specialised development company involved in the creation of
renewable bio-fuels and bio-energy projects under an agreement (the "Principal
Agreement"). The option was exercisable before 10 July 2009. Earlier this year
New Fuels International limited changed its name to NuFuels International
Limited.
Under an amendment deed dated 29 June 2009 (the "Amendment Deed") it has been
agreed by all parties that the exercise period of the option be extended by 12
months to 10 July 2010. In addition the Company has negotiated an increase from
10 to 15 per cent in the discount rate to be used to determine the acquisition
price of NFIL shares when the option is exercised.
All other terms, conditions and definitions in the Principal Agreement remain
the same.
Enquiries:
India Star Energy Plc
Haresh Kanabar, Chairman
0207 297 0010
W.H. Ireland Limited
Tim Cofman/Katy Birkin
0121 265 6330
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGRBGGDLGDDGGCC
India Star Energy (LSE:INDY)
過去 株価チャート
から 8 2024 まで 9 2024
India Star Energy (LSE:INDY)
過去 株価チャート
から 9 2023 まで 9 2024
Real-Time news about India Star (ロンドン証券取引所): 0 recent articles
その他のIndia Star Energyニュース記事