April 28, 2018
The early historical past (1908 – 1960) – The historical past of oil exploration in Nigeria dates again to 1908 when Nigerian Bitumen Corporation carried out exploratory work in the nation; nonetheless, the agency left the country at the onset of World Conflict I. Thereafter, license was given to D’Arcy Exploration Firm and Whitehall Petroleum. On the subject of our press release of 7 March 2007 a resigned companion purchased on 17 October 2016 223,700 ASC-shares from ABG Sundal Collier Holding ASA (“ABGSC”) as settlement of a forward contract that was previously enter into. 100% owned firms, owns 1,400,000 shares. The BMW Group has the largest share of the electrified market worldwide; this yr, we’ve already sold extra electrified autos than in the entire of final 12 months and we are nicely on monitor to ship our goal of one hundred,000 by 12 months-end.
ABGSC owns 10,023,998 treasury shares following the transaction above. ABG Sundal Collier Holding ASA (“ABGSC”) announced on 10 March 2016 a proposal to purchase back as much as an mixture of thirteen,000,000 shares in ABGSC at an offer price of NOK 5.60 per share in cash. ABGSC has forward contracts with companions buying a complete of 32,823,700 shares with settlement in 2018 – 2022.
The beforehand agreed worth of NOK four.79 per share has been adjusted for dividends, curiosity changes and earlier settlement of the ahead contract. With regards to our press releases of 6 March 2013, 5 March 2014 and 3 March 2015 ABGSC bought on 25 July 2016 275,000 ASC-shares to a partner as settlement of forward contracts beforehand entered into. The shares had been bought to new and present partners as a part of the annual share incentive program for companions.
Osborne Park-based mostly planning providers firm Veris has been awarded a contract with Cross Yarra Partnership for as much as $a hundred million across 10 years to deliver early survey works for the Metro Tunnel Mission in Victoria. 27% of the fully diluted variety of shares in the company. ABGSC has ahead contracts with partners buying a total of 28,342,967 shares with settlement in 2017 – 2020.
ABGSC owns 5,703,890 treasury shares. The previously agreed prices of NOK 4.22 and NOK four.thirteen per share have been adjusted for dividends and curiosity adjustments. The BMW Group categorically rejects accusations that Euro 6 diesel autos bought by the corporate do not present adequate exhaust gas treatment because of AdBlue tanks that are too small. The previously agreed costs have been adjusted for dividends, curiosity changes and earlier settlement of the forward contract.