Nas_T_Zodd
15 Jan 2017
Restructuring-timetable of events [link]
optimistic john
23 Dec 2016
Re: Some details Thanks for the info. Quick skim looks like we will end up with a 200th of our current number of shares after the share consolidation.Interesting to note - 'The effect of the Scheme on the interests of the Old Matra Directors does not differ from its effect on the like interests of other persons'. Also'As at the date of this document, Maxim Barskiy and Vladimir Lenski are owed £473,077 and £350,854 respectively in unpaid director’s fees. These sums relate to the years 2015, 2016 and 2017 (up to the anticipated Effective Date). New Matra has agreed to assume this debt conditional upon the Scheme becoming Effective'.So we will be better off than now but don't expect mu
Nas_T_Zodd
23 Dec 2016
Some details The Company proposes to change the Group’s corporate structure by putting in place a new Swedishincorporated company (New Matra), tax resident in Sweden, as the parent company of the Group.Following the implementation of the Scheme, the intention would be for New Matra to seek a listing on theMarketplace in Sweden.In anticipation of the proposal mentioned above, a new company, Matra Petroleum AB (New Matra), was incorporated as a company with limited liability in Sweden on 26 October 2016 (with registered number5590822689).In order to effect the change in parent company, it is proposed that New Matra will acquire the entire issued share capital of Old Matra, such acquisition to be implemented by means of a High Court approved scheme of arrangement under sections 895 to 899 of the Companies Act..... upon the Scheme becoming Effective, Scheme Shareholders at theScheme Record Time will receive: for each 1 Scheme Share 5 New Matra SharesYou will not have to pay anything for your New Matra Shares.The New Matra Shares issued pursuant to the Scheme will represent 95.63 per cent. of the total issued share capital of New Matra.
pillarsofhercules
23 Dec 2016
COURT MEETING AND EGM Matra Petroleum LogoPOSTING OF COURT MEETING AND EGM MEETING NOTICES AND PROXY FORMSIn connection to earlier announced process to pursue a listing of its shares on the stock market in Stockholm, Sweden Matra Petroleum Plc (Company) announced the EGM and Court meetings, as part of Scheme of Arrangement.The Company’s Court Meeting and Extraordinary General Meeting will be held at the offices of BDO LLP at 55 Baker Street, London, W1U 7EU on Friday 5th February 2016 at 10-00am and 10-15 a.m respectivly.The Notice of EGM and Court and the Proxy Forms have been posted to shareholders and can be found at the Company’s website, www.matrapetroleum.com.Enquiries:Matra Petroleum plc c/o Ben Harborat Shakespeare MartineauOne America Square, Crosswall, London, EC3N 2SGDX700 London CityMain T 0207 264 4444 ext 4366View full announcementFor more information about Matra Petroleum or this newsletter, please feel free to contact us at:Matra Petroleum plc, 101 Finsbury Pavement, London, EC2A 1RS
pillarsofhercules
09 Nov 2016
Re: Stockholm listing & restructuring Pleased to see something happening at last. I hope there is a benefit.
Nas_T_Zodd
09 Nov 2016
Stockholm listing & restructuring MATRA PETROLEUM PLC (“Matra Group”
Proposed Stockholm Listing and Pre-Listing Restructuring Matra Petroleum Plc (Matra Group) announces a process to pursue a listing of its shares on the stock market in Stockholm, Sweden (the “Proposed Stockholm Listing”. To facilitate the Proposed Stockholm Listing, the Matra Group proposes to carry out a restructuring (the “Pre-Listing Restructuring” under which a new company will be incorporated in Sweden (“Newco AB” which will acquire all of the shares of Matra Group in exchange for issuing shares in Newco AB to become the new holding company which will seek to carry out the Proposed Stockholm Listing. A listing of the shares in Stockholm would give the shareholders in Matra Group the opportunity to trade their interests. Matra Group’s management has significant experience from the Stockholm stock market that has proven to be an attractive marketplace for small cap oil companies operating across the world with access to an highly knowledgeable and active institutional and retail shareholder base. In 2004 to 2008, Maxim Barskiy, the CEO of Matra Group, was the CEO of the oil company West Siberian Resources, which was initially listed on NASDAQ Stockholm First North and successfully grew into a large cap company listed in Stockholm. Maxim Barskiy, CEO of Matra Group, commented: ”Given our team’s track record and valuable experience in the Swedish market, we have concluded that the proposed Stockholm listing is the preferred alternative for providing liquidity for all Matra´s shareholders.” The Matra Group has engaged Mangold Fondkommission AB (“Mangold” as financial advisor in the process[link]
girish d patel
08 Mar 2016
JPJenkins JPJ are no longer deaiing in Matra shares (they took them off their list due to non-payment of fees.) I thought the shares were worthless looks like they are now untradeable anyway.
hotmetalcomp
13 Dec 2015
With the pice per barrel assume this is all over and we should all write it off to a bad experience
magicman3
27 Sep 2015
AGM Anyone attend the AGM?
Treacle81
24 Sep 2015
Consolidated financial statements [link]
Toady
03 Aug 2015
Anyone else receive an RNS alert last Wednesday? Followed the link to London Stock Exchange and came back as a 'page error' any one else receive alert and or know what it's all about? Thanks
gazzer888
31 Jul 2015
July update from Matra site , not sure what it means to any future share re listing
hotmetalcomp
29 Jul 2015
Latest news Does anyone know exactly what the latest news means and the valuation on the company means what per share, and if they will ever be traded again
