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Bobabc

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  1. I have CFD's on Hurricane Energy and I am unaware of what will happen after the takeover by Prax 

    Will my CFD's be included in the offer benefits?  (Offer summarised below)

    or am I at risk of losing my stake and more  if I do not close out before the takeover and subsequent delisting of HUR?

    Thanks in advance

    ·    the Transaction Dividend of 3.32 pence per share in cash  and

    ·    the Cash Consideration of 0.83 pence per share in cash  

    ·    the Supplementary Dividend of up to 1.87 pence per share in cash  and

    ·    a Deferred Consideration Unit, which may deliver up to 6.48 pence per share in cash , plus such amount of the Supplementary Dividend Amount which is not declared as a dividend prior to the Scheme Effective Date.

    The Acquisition, assuming full value is delivered by the Deferred Consideration Units, will deliver Hurricane Shareholders 12.50 pence per Hurricane Share 

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