Posted on 09/10/2019
The High Court has varied the original orders granted in relation to the proposed scheme of arrangement with O.G. Oil & Gas.The variation postpones the court hearing to consider approval of the scheme to 3 December 2019. A copy of the amendment to the orders is attached.
The High Court has varied the original orders granted in relation to the proposed scheme of arrangement with O.G. Oil & Gas.
The variation postpones the court hearing to consider approval of the scheme to 3 December 2019. A copy of the amendment to the orders is attached.
OGOG's increase in the price it is offering under the scheme was notified to NZX this morning, along with an adjournment of the special meeting to consider the scheme.
New Zealand Oil & Gas is sending information to shareholders to assist them in considering how to vote or change their vote on the proposed scheme.
The attached scheme booklet supplement will be sent to all shareholders together with the addendum to the independent adviser’s report. (also attached and released this morning).