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Statpro
Statpro
Stock Quote (15 min delay)
| 0p | 0 | Vol: 0 |
Market Cap £ 0.00 m
23 | 04 | 2009
Offer on behalf of JSC Gazpromneft (“Gazpromneft”)
The Board of Sibir (the “Board”) notes the announcement today by Renaissance Securities (Cyprus) Limited (“Renaissance Capital”) on behalf of Gazpromneft inviting offers for the sale of Sibir shares to them at £5.00 per share. This offer is a market operation which does not involve the co-operation of Sibir.
The Board confirms that no approach has been made by Gazpromneft to Sibir or to its advisers.
Furthermore Sibir confirms that this is not related to the preliminary informal approach from another party that was disclosed to the market yesterday. The Board can confirm that the approach from this party has now been withdrawn as a result of the announcement yesterday by Credit Suisse International and today by Renaissance Capital.
Sibir also notes today’s announcement by Credit Suisse International that it has now cancelled its bookbuild and that Credit Suisse International has not purchased any shares in Sibir on behalf of TNK-BP pursuant to such bookbuild.
Further announcements will be made as and when appropriate.