MARKETS

XCD directors push for takeover by 88E

THE directors of XCD Energy have accepted the offer of their respective shares and the company has now received acceptances under the offers and commitments for all the fully paid ordinary shares and listed options, as part of its off-market takeover by 88 Energy.

Directors accept offer of respective shares

Directors accept offer of respective shares

  88E has received acceptance of roughly 262 million full paid shares in XCD Energy representing 37.5% of the XCD Energy shares on issue and 21 million listed options representing approximately 18.31%...

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