Adelaide, Oct 26, 2007 AEST (ABN Newswire) - Takeover Offer by Toro Energy Ltd (ASX: TOE) for Nova Energy Ltd (ASX: NEL)
Close of Offer Period and notification of relevant interests.
The off-market takeover bid by Toro Energy Limited (Toro) for all the issued ordinary shares (Nova Shares) in Nova Energy Limited (Nova) will close at 5:00pm (Adelaide time) today on 26 October 2007.
For the purposes of ASX Listing Rule 3.3, we notify that:
1. Toro and its associates have, at 12.32pm Friday 26 October 2007, a relevant interest in 93.63% of the Nova Shares; and
2. As the applicable thresholds have been reached, compulsory acquisition of the outstanding Nova Shares will proceed.
Contact
Donald Stephens
Telephone: +61 8 8362 6677
Facsimile: +61 8 8362 6655
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