Press Releases 2006
- Details
11th  December 2006
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The Company has today been notified that on 8th December 2006, Mr Peter Earl, Managing Director, purchased 500,000 ordinary shares of 2p each in the Company at a price of 41p.
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Peter is now interested in 9,302,721 ordinary shares, representing 13.62 per cent. of the Company's issued share capital.
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This information is provided by RNS
The company news service from the London Stock Exchange
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- Details
Placing of 46,938,775 Ordinary Shares at 42 pence per share and Re- Admission to trading on AIM
Rurelec announces that, at an Extraordinary General Meeting of the Company held today, its shareholders have approved the acquisition of a controlling stake in Empresa Electrica Guaracachi SA ("Guaracachi" or "EGSA"), Bolivia's largest power generation company. The acquisition is to be funded by a placing of 46,938,775 Ordinary Shares in Rurelec at a price of 42 pence per share. The new shares are expected to be admitted to the AIM Market of the London Stock Exchange on 6 January 2006, upon which the acquisition will complete.