Press

Wentworth Resources Limited : Completion of Re-Domicile, Name Change and Notice of Suspension

Posted by OilVoice Press - OilVoice

28-Oct-2018


Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, is pleased to announce that it has successfully completed its re-domicile from Alberta, Canada to Jersey, Channel Islands (the "Re-Domicile").

Following the Re-Domicile, the Company has become a public limited company incorporated under the Companies (Jersey) Law, 1991 (as amended) and has completed its name change from Wentworth Resources Limited to Wentworth Resources plc.  The Company's new articles of association adopted by the general meeting in connection with the approval of the Re-Domicile have entered into force.

The Company's new organisation number is 127571 and the Company's registered office in Jersey is 4th Floor, St Paul's Gate, 22 - 24 New Street, St Helier, Jersey, JE1 4TR, the office of the Company's corporate administrator in Jersey.

Trading in the Company's shares will be suspended from start of trading on AIM and the Oslo Stock Exchange on 29 October 2018 as the Company applies for new ISIN, SEDOL and LEI codes.

An application will be made to the London Stock Exchange for the admission of the Company's Ordinary Shares to trading on AIM following the Re-Domicile ("Admission"). Admission is expected to take place at 8.00am (GMT) / 9.00am (CET) on 2 November 2018 (or such later date as may be agreed between the Company and AIM) and trading in the Company's shares is expected to recommence on both AIM and the Oslo Stock Exchange from that time.  Following Admission, the Company's ticker for both the Oslo Stock Exchange and AIM will be "WEN".  

For a description of the principal attributes of the share capital of the Company following the Re-Domicile, please refer to the Management Information Circular, dated 21 August 2018, available on the Company's website.  A "Questions and Answers" or "Q&A" sheet on the practical effect of the Re-Domicile for shareholders is now available on the Company's website at https://www.wentworthresources.com/faq.php.

Further announcements will be made in relation to the new ISIN and other codes and Admission and recommencement of trading in due course.

Wentworth ResourcesAIMOSE

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