Market Alert: PNG Court Approval

9 December, 2021
JMP Markets – Market Alert



PNGX Announcement – PNG Court Approval


Please refer attached ASX announcement released today confirming that PNG Court has today made orders approving the scheme of arrangement.

Oil Search expects to lodge a certified copy of the orders with the PNG Registrar of Companies on Friday, 10 December 2021, at which time the Scheme will become effective. If this occurs, Oil Search will apply for its shares to be suspended from trading on the PNGX and ASX with effect from close of trade on Friday, 10 December 2021.


Chris Hagan
Head of Fixed Interest
JMP Securities Limited

e. chris.hagan@jmpmarkets.com
m. +61 414 529 814 t. +675 7231 9913
a. Level 1, Harbourside West, Stanley Esplanade, Port Moresby NCD Papua New Guinea
p. PO Box 2064, Port Moresby NCD Papua New Guinea w. www.jmpmarkets.com

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