An unknown group made a non-binding offer to acquire Universal Coal plc (ASX:UNV) for approximately AUD 100 million on September 21, 2015. The shares will be acquired at a offer price of AUD 20 per share. The Sub-Committee of Directors of Universal Coal Plc has been formed comprising John Hopkins OAM, Tony Weber, Hendrik Bonsma and Shammy Luvhengo to assess the offer. The offer was received on September 21, 2015. The Independent Directors has advised Universal shareholders to take no action. Nick Dacres-Mannings of APP Securities Pty Limited and Richard Greenfield of GMP Securities Europe LLP acted as financial advisors for Universal Coal plc.

An unknown group cancelled the acquisition of Universal Coal plc (ASX:UNV) on September 21, 2016.