Warrego Energy Receives Off-Market Takeover Offer From Hancock Energy
Warrego Energy Ltd (WGO.AX):
HANCOCK ENERGY OFF-MARKET TAKEOVER OFFER FOR WARREGO
TAKEOVER OFFER PRICE OF A$0.23 PER SHARE
BOARD ADVISES SHAREHOLDERS TO TAKE NO ACTION IN RELATION TO HANCOCK TAKEOVER OFFER UNTIL THEY RECEIVE FURTHER ADVICE FROM BOARD
DIRECTORS MAINTAIN THEIR EXISTING RECOMMENDATION IN FAVOUR OF BEACH SCHEME PROPOSAL
CONSIDERING HANCOCK OFFER, AND IN PARTICULAR, WHETHER IT CONSTITUTES SUPERIOR PROPOSAL UNDER TERMS OF BEACH SCHEME