Press Releases 2008
- Details
13th June 2008
Acquisition of Remaining 50 per cent. of Energia del Sur ("EdS") (the "Acquisition")
Placing for Cash of 12.5 million New Ordinary shares ("Shares") (the "Placing")
Rurelec plc (AIM:RUR), the power plant developer and owner - operator of power generation assets in Latin America, announces today that it has entered into a conditional agreement to acquire the 50 per cent. of EdS which it does not already own and it has also placed 12.5 million Shares at 65 pence each with both existing and new institutional shareholders, conditional on completion of the Acquisition.
- Details
25th June 2008
Notice is hereby given that an Annual General Meeting of the Company will be held at the Company's offices at 5th Floor, Prince Consort House, 27-29 Albert Embankment, London SE1 7TJ on 22 July 2008 at 11:00 a.m. A number of resolutions will be put to shareholders including the addition of new provisions in the Company's articles of association and the approval of the proposed final dividend of 2.5 pence per share.
- Details
25th June 2008
Further to the announcement made on 13 June 2008 Rurelec PLC (AIM:RUR), announces that it has now completed the acquisition of the 50 per cent. of EnergÌa del Sur ("EdS") which it does not already own and that the placing of 12,500,000 ordinary shares at 65 pence each ('the Placing') is now unconditional. The Placing raises approximately £7.8 million net of expenses. Application has been made for the ordinary shares to be admitted to trading on AIM today.
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