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Regulatory Story
Company Oilex Ltd
TIDM OEX
Headline ASX Trading Halt
Released 07:44 13-Aug-2019
Number 8372I07

RNS Number : 8372I
Oilex Ltd
13 August 2019
 

AIM Announcement

 

 

13 August 2019

 

 

ASX: OEX

AIM: OEX

 

ASX Trading Halt

 

Oilex Ltd (Oilex or the Company) advises that it has requested and been granted a trading halt on the Australian Stock Exchange effective from 13 August 2019, refer below.  The acquisition, should it complete, would be deemed a Substantial Transaction pursuant to the AIM rules. 

 

Trading in the Company's ordinary securities on AIM will continue during this period.

 

For and on behalf of Oilex Ltd

 

 

Mark Bolton

Chief Financial Officer Company Secretary

 

For further information, please contact:

 

Investor Enquires

Oilex Ltd

Joe Salomon

Managing Director

Email: oilex@oilex.com.au

Tel: +61 8 9485 3200

Australia

AIM Broker

Novum Securities

Broker

Colin Rowbury

Email: crowbury@novumsecurities.com

Tel: +44 20 7399 9427

UK

AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer   

Email: oilex@strandhanson.co.uk

Tel: +44 20 7409 3494

UK

Media Enquires (UK)

Vigo Communications

Public Relations

Patrick d'Ancona/Chris McMahon

Email: patrick.dancona@vigocomms.com

chris.mcmahon@vigocomms.com

Tel:+ 44 20 7390 0230

UK

Media Enquiries (Aus)

Citadel-MAGNUS

Michael Weir

Email: mweir@citadelmagnus.com

Tel: +618 6160 4900

Australia

 

 

 

 

 

 

13 August 2019

 

 

Daniel Nicholson

ASX Limited

Level 40, Central Park

152-158 St Georges Terrace

PERTH WA 6000

 

By email: tradinghaltsperth@asx.com.au

 

Dear Mr Nicholson

 

Oilex Ltd - Trading Halt Request

 

In accordance with ASX Listing Rule 17.1 Oilex Ltd (ASX: OEX, AIM: OEX) hereby requests an immediate trading halt on the Company's securities from the commencement of trading 13 August 2019.

In accordance with Listing Rule 17.1, Oilex provides the following information:

a)    The trading halt is requested pending an announcement by Oilex in relation to a proposed acquisition;

b)   Oilex requests the trading halt to remain in place until the earlier of such time as it makes an announcement to the market in relation to the proposed acquisition and the commencement of trading on 15th August 2019; and

c)   Oilex is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

 

Yours faithfully

 

Mark Bolton
Chief Financial Officer and Company Secretary

 


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