AWE Limited - Panel Receives Application
The Panel has received an application from AWE Limited in relation to its affairs.
Details of the application, as submitted by the applicant, are below.
A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.
Details
On 8 December 2017, CERCG Aus Gas Pty Ltd (CERCG) announced its intention to make an off-market takeover bid for AWE for cash consideration of $0.73 per AWE share.