Shareholder row sees Petroceltic postpone EGM

Irish exploration company Petroceltic has pushed back its EGM for a week as it seeks to resolve a dispute with its main shareholder that threatens the company’s planned $100 million share issue.

8th June, 2014
Petroceltic chief executive Brian O'Catháin

Irish exploration company Petroceltic has pushed back its EGM for a week as it seeks to resolve a dispute with its main shareholder that threatens the company’s planned $100 million share issue.

The company was due to put the issue to its shareholders at an EGM tomorrow, but late on Friday it informed the stock exchange that the meeting was being pushed back to June 16 to allow it to continue talks with Worldview...

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