Europa Oil & Gas (Holdings) PLC Re: Open Offer


 
TIDMEOG 
 
Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas 
 
13 July 2015 
 
 NOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION IN OR INTO THE UNITED STATES OF 
       AMERICA, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN 
 
                        Europa Oil & Gas (Holdings) plc 
 
                          ("Europa" or the "Company") 
 
                                Re: Open Offer 
 
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a 
combination of producing and exploration assets in Europe, has had a number of 
enquiries regarding the Open Offer from Shareholders who hold their shares in 
nominee accounts.  The Open Offer was announced on 6 July 2015 alongside the 
recently completed Placing with new and existing institutional investors, and 
provides all existing Qualifying Shareholders with the opportunity to subscribe 
for New Ordinary Shares in the Company at the same issue price offered to the 
institutions. 
 
Shareholders should note that: 
 
  * Certain nominee account administrators will contact the Shareholder 
    directly to advise that there is an Open Offer and to seek instruction on 
    participating in the Open Offer and voting at the General Meeting. 
  * Certain other nominee account administrators do not contact the Shareholder 
    and therefore the Shareholder must contact the nominee account holder and 
    provide instructions regarding participating in the Open Offer and voting 
    at the General Meeting. If you do not contact them they will take no 
    action. 
  * If a Shareholder holds his/her shares in a nominee account, wishes to 
    participate in the Open Offer and has not already been contacted by the 
    nominee then the Board of Europa would suggest that he/she immediately 
    contacts the nominee directly with their instructions. 
 
Shareholders are reminded of the timetable below and suggest that all those 
qualifying shareholders who wish to participate in the Open Offer should take 
action immediately. The Company has received advanced assurance from HMRC that 
the Open Offer Shares will satisfy the requirements for tax relief under EIS 
and VCT Schemes. 
 
Record Date for the Open Offer                            5.00 p.m. on 3 July 
                                                                         2015 
 
Publication and posting of the Circular and Application           6 July 2015 
Form 
 
Ex-entitlement Date                                               7 July 2015 
 
Basic Entitlements and Excess Entitlements credited to            7 July 2015 
stock accounts 
in CREST for Qualifying Shareholders 
 
Admission and dealings in the Firm Placing Shares to     8.00 a.m. on 10 July 
commence on AIM                                                          2015 
 
Recommended latest time and date for requested           4.30 p.m. on 16 July 
withdrawal of Basic                                                      2015 
Entitlements and Excess Entitlements from CREST 
 
Latest time and date for depositing Basic Entitlements   3.00 p.m. on 17 July 
and Excess Entitlements into CREST                                       2015 
 
Latest time and date for splitting Application Forms (to 3.00 p.m. on 20 July 
satisfy bona fide market claims only)                                    2015 
 
Latest time and date for receipt of Application Form and     11.00 a.m. on 22 
payment in full under the Open Offer or settlement of               July 2015 
relevant CREST instructions (as appropriate) 
 
Latest time and date for completed Forms of Proxy to be      10.00 a.m. on 21 
valid at the                                                        July 2015 
General Meeting 
 
General Meeting                                              10.00 a.m. on 23 
                                                                    July 2015 
 
Announcement of the results of the General Meeting and           23 July 2015 
Open Offer 
 
Admission and dealings in the Conditional Placing Shares 8.00 a.m. on 24 July 
and Open Offer Shares to commence on AIM                                 2015 
 
CREST accounts credited with Open Offer Shares                   24 July 2015 
 
Definitive share certificates for the Open Offer Shares          31 July 2015 
to be dispatched (if appropriate) by 
 
Enquiries: 
 
For further information please visit www.europaoil.com or contact: 
 
Hugh Mackay           Europa                          + 44 (0) 20 7224 3770 
 
Phil Greenhalgh       Europa                          + 44 (0) 20 7224 3770 
 
Matt Goode            finnCap Ltd                     +44 (0) 20 7220 0500 
 
Simon Hicks           finnCap Ltd                     +44 (0) 20 7220 0500 
 
Frank Buhagiar        St Brides Partners Ltd          +44 (0) 20 7236 1177 
 
Lottie Brocklehurst   St Brides Partners Ltd          +44 (0) 20 7236 1177 
 
Notes 
 
Europa Oil & Gas (Holdings) plc has a diversified portfolio of multi-stage 
hydrocarbon assets that includes production, exploration and development 
interests, in countries that are politically stable, have transparent licensing 
processes, and offer attractive terms. In H1/2015 Europa produced 144 boepd 
generating sufficient revenues to cover corporate overheads and some 
exploration expenditure.  Its highly prospective exploration projects include 
the Wressle discovery (recently drilled and tested at an aggregate of 710 boepd 
from 4 zones) in the UK; 100% owned gas exploration prospect (107 bcf) and 
appraisal project (CPR 277 bcf) in onshore France a joint venture with 
Vermillion Energy also in onshore France; and a joint venture with leading 
independent Kosmos to explore two licences in offshore Ireland with the 
potential to host gross mean un-risked Prospective Resources approximately 1.7 
billion barrels across both licences. 
 
 
 
END
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