4 Dec 2009
Firm Placing and Open Offer of up to 1,637,296,583 New Ordinary Shares at 1.3 pence per New Ordinary Share, Proposed Consolidation, Approval of the Rule 9 Waiver, Adoption of amended Articles and Approval of New LTIP Schemes.
A Prospectus containing details of the Firm Placing and Open Offer, Proposed Consolidation, Approval of the Rule 9 Waiver, Adoption of amended Articles, Approval of New LTIP Schemes and Notice of Extraordinary General Meeting is expected to be posted to Shareholders shortly and will be available on the Company’s website, www.sterlingenergyplc.com.