Brief: Karoo Energy Says In 'Urgent' Discussions On Potential Restructuring, Re-Financing

WeCap

18/03/2019 07:41

March 18 (Reuters) - Karoo Energy PLC  KEPK.ISD :
    * KAROO ENERGY PLC - COMPANY IS IN URGENT DISCUSSIONS ON A
POTENTIAL RESTRUCTURING AND POTENTIAL RE-FINANCING
    * KAROO ENERGY PLC - NO ASSURANCE THAT ANY REFINANCING WILL
SUCCEED, AND SHOULD IT FAIL, COMPANY WILL NOT BE ABLE TO
CONTINUE TO TRADE
    * KAROO ENERGY PLC - COMPANY'S SHARES HAVE BEEN SUSPENDED
PENDING
FINANCIAL CLARIFICATION
    * KAROO ENERGY PLC - COMPANY CANNOT NOW PURSUE PROPOSED MOVE
AND
CONDITIONAL AIM FUNDRAISING

Source text for Eikon:  ID:nPRrIE50Da 
Further company coverage:  KEPK.ISD 

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