DGAP-News: United Energy Group plc: United Energy Group plc Units Tradable at Berlin Stock Exchange
(firmenpresse) - DGAP-News: United Energy Group plc / Key word(s): Miscellaneous
United Energy Group plc: United Energy Group plc Units Tradable at
Berlin Stock Exchange
14.11.2011 / 08:06
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Corporate News
United Energy Group plc Units Tradable at Berlin Stock Exchange
Haslemere, United Kingdom - November 14, 2011 - Units of United Energy
Group plc (WKN German securities code number: A0MSRR / code: UTX1) will
temporarily be available for trading at the Berlin stock exchange only.
In compliance with the changed listing rules of the Frankfurt Stock
Exchange for companies listed on the open market, United Energy Group Plc
(UEG) compiled a comprehensive listing prospectus. At the moment, the
prospectus is in the process of being approved by the Financial Services
Authority (FSA). While the approval is expected shortly, it will not be
available in time for the deadline set by the Frankfurt Stock Exchange
(November 15, 2011). The delay is explained by the high number of
prospectuses submitted by companies operating on the open market, straining
the capacity of the UK authority.
As soon as the approval of the UEG prospectus by the FSA has been received,
UEG units will trade again at the stock exchanges of both Berlin and
Frankfurt and via Xetra. Meanwhile, UEG units may be traded at the Berlin
stock exchange (www.boerse-berlin.de) on any German trading day between
08:00 and 20:00 CET.
United Energy Group plc
United Energy Group plc is an independent listed energy company. Formed in
2006, the company focused initially on the area of energy production.
During the past two years, UEG underwent substantial redevelopment, and
operates now in the business areas of Energy Consulting, Energy Trading,
and Energy Investments. The company has thereby responded to global market
trends as it seeks to make a significant contribution to the energy supply
sector, and to help meet the growing energy needs worldwide.
Forward-Looking Statements
This communication may contain certain forward-looking statements that
include declarations of intent, strategies and opinions relating to the
future and to the expectations of United Energy Group and its subsidiaries.
Any statement contained herein is based on information available on the
respective day to the management of UEG; and actual events, may vary
depending on the occurrence of future events that may or may not be subject
to the management's control, including risks and uncertainty factors that
may cause the actual outcome to deviate considerably. Such risks and
factors include, without being limited to, ramifications that acquisitions
may have for the company and its capital structure, exploratory findings,
market conditions, the stability of mineral oil and natural gas prices, the
uncertainty factors inherent in the operative business of mineral oil and
natural gas production, unexpected future investment requirements,
competition, statutory provisions, and other factors.
End of Corporate News
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146070 14.11.2011
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Datum: 14.11.2011 - 08:06 Uhr
Sprache: Deutsch
News-ID 87173
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Kategorie:
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