The board of Universal Coal plc published an ASX announcement informing investors that it has received an unsolicited, non-binding and conditional bid for 100% of its issued shares at an offer price of A$35c a share.

The full text of this announcement can be read at www.universalcoal.com.

Ichor Coal N.V. owns 29% of Universal Coal.

Should the IchorCoal management and supervisory boards - after due consideration - deem the offer to be attractive and in the best interests of the company, it will be tabled for approval at a shareholder meeting to be convened for this purpose.

Attachments

  • Original document
  • Permalink

Disclaimer

Ichor Coal NV published this content on 18 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 September 2018 09:02:06 UTC