On 29 April 2014 Horizon Oil Limited (Horizon Oil) and Roc Oil Company Limited (ROC) announced that they had entered into a Merger Implementation Deed under which they agreed to merge via a Horizon Oil scheme of arrangement (Scheme). Under the proposed Scheme, Horizon Oil shareholders will receive 0.724 new ROC shares for each Horizon fully paid share they hold.
Today, the Federal Court of Australia ordered a meeting of Horizon Oil shareholders to consider the Scheme (Scheme Meeting), and approved the Scheme Booklet for despatch to Horizon Oil shareholders.
The Scheme Meeting will be held at The Sydney Boulevard Hotel, 90 William Street, Sydney at 11.00am (Sydney time) on Thursday, 7 August 2014.
For further information please download PDF attached: