Brief: UAE Oil Services Confirms Co In Discussions Over Share-For-Share Acquisition Of OBN Group

UAE Oil Services

20/08/2018 08:01

Aug 20 (Reuters) - UAE Oil Services PLC  UOS.L :
    * POTENTIAL ACQUISITION AND SUSPENSION
    * CONFIRMS THAT IT IS IN DISCUSSIONS OVER SHARE-FOR-SHARE
ACQUISITION OF OBN GROUP
    * TERMS OF POTENTIAL ACQUISITION HAVE NOT BEEN FINALISED
WITH OBN
GROUP
    * AS CO IS UNABLE TO PROVIDE FULL DISCLOSURE UNDER RULE
5.6.15 OF
LISTING RULES, CO REQUESTED UKLA SUSPEND LISTING OF ITS ORDINARY
SHARES

Source text for Eikon:  ID:nRSQ2079Ya 
Further company coverage:  UOS.L 

 ((Reuters.Briefs@thomsonreuters.com;))