Memery Crystal acts for Mediterranean Oil & Gas on recommended takeover by Rockhopper
Memery Crystal LLP is acting for Mediterranean Oil & Gas Plc (MOG) in connection with its recommended takeover by Rockhopper Exploration plc, which was announced on 23 May 2014.
Under the terms of the deal, valued at £29.3m, MOG shareholders will receive 6.5 pence per share in cash and Rockhopper shares for each MOG share held. In addition, MOG shareholders will receive a contingent entitlement up to a maximum amount of 3.550 pence payable in cash per share.
AIM-listed MOG is a Europe-focused oil and gas exploration and production company with operations in Italy, Malta and France. AIM-listed Rockhopper is an exploration and production company with its principal assets in the North Falkland Basin.
The Memery Crystal team included corporate partner Andrew Titmas and corporate associate David Martin.
Memery Crystal acted for MOG on its admission to AIM in 2005 and has advised on a number of transactions in subsequent years.
News from Memery Crystal
News from The Lawyer
Briefings from Memery Crystal
Will it ever be reasonable to refuse to mediate? The following are circumstances that might be exceptions to the usual rule.
The subject of holiday in employment law has been somewhat of a moveable feast, with a number of high-profile court decisions in recent years, both at domestic and European level, resulting in a number of changes in the law.
Analysis from The Lawyer
Commercial court waiting times are rising to new levels says the Lord Chief Justice