Essar Energy plc Relevant Event Notice (1107I)
27 Mai 2014 - 12:21PM
UK Regulatory
TIDMESSR
RNS Number : 1107I
Essar Energy plc
27 May 2014
Essar Energy plc issues 'Relevant Event Notice' under the Essar
Energy Investment Limited - US$550,000,000 4.25 per cent Guaranteed
Convertible Bonds due 2016
May 27, 2014: Pursuant to the terms and conditions of the
Convertible Bonds, Essar Energy plc today announces that a
'Relevant Event Notice' was sent to the Trustee (The Bank of New
York Mellon) on Friday 23 May 2014 for publication to Convertible
Bondholders. The 'Relevant Event Notice' is also available in our
website www.essarenergy.com.
Ends
For further information on Essar Energy, please visit
www.essarenergy.com
Alternatively, please contact:
Essar Energy
Deepak Maheshwari +91 22 6660 1207 or +91 22 6660 1224
Jonathan Miller +44 20 7408 8728 or +44 7810 848087
Brunswick
Andrew Mitchell, Mike Smith or Azhar Khan +44 (0)207 404 5959
* * *
This announcement contains certain forward-looking statements,
including statements regarding Essar Energy's plans, objectives and
performance. Such statements relate to events and depend on
circumstances that may occur in the future and are subject to
risks, uncertainties and assumptions. Although Essar Energy
believes that the expectations reflected in such forward looking
statements are reasonable, there are a number of factors which
could cause actual results and developments to differ materially
from those expressed or implied by such forward looking statements,
including, without limitation, the enactment of legislation or
regulation that may impose costs or restrict activities; the
re-negotiation of contracts or licences; fluctuations in demand and
pricing in the Oil and Gas, Power and Energy industries;
fluctuations in exchange controls; changes in government policy and
taxations; industrial disputes; war and terrorism. Further
information on the significant risks and uncertainties associated
with Essar Energy's business is set out in the Prospectus published
on 4 May 2010. These forward-looking statements speak only as at
the date of this document. Essar Energy undertakes no obligation to
update any forward looking statements whether as a result of new
information, future events or otherwise, except to the extent
legally required.
These statements (and all other forward-looking statements
contained in this document) are not guarantees of future
performance and are subject to risks, uncertainties and other
factors, some of which are beyond Essar Energy's control, are
difficult to predict and could cause actual results to differ
materially from those expressed or implied or forecast in the
forward-looking statements.
This announcement does not constitute, or form part of, an offer
or any solicitation of an offer for securities in any jurisdiction,
or an invitation or inducement to invest in Essar Energy or any
other entity and should not be relied upon in any way in connection
with any investment decision.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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