Salamander Confirms Receiving Ophir's Takeover Proposal
Contrary to remarks in the press, the SONA Transaction remains on track for completion before the end of 2014, in keeping with the timetable and strategy previously outlined. The $280 million of proceeds from the SONA Transaction would strengthen Salamander's balance sheet and would place the Company in a strong position to benefit from opportunities arising from the current market conditions.
Rule 2.10 Disclosure
In accordance with Rule 2.10 of the Code, as at the date of this announcement, the Company has 259,129,055 ordinary shares of 10 pence each in issue and admitted to trading on the main market of the London Stock Exchange. The International Securities Identification Number for the ordinary shares is GB00B1GC5238. In addition, the Company confirms that there are in issue $100,000,000 in principal amount of 5 percent. convertible bonds due March 30, 2015 issued by the Company. The convertible bonds are convertible into shares in the Company. The ISIN for the convertible bonds is XS0497505957.
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