Urals Energy: No Bids Received to Make Share Price Jump
The Board of Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, notes the rise this morning in the Company’s share price and the speculation online regarding a possible offer for Urals Energy.
The Company confirms that it has not received an approach with regards to a possible takeover of Urals Energy.
Aside from the unfounded speculation, the Board is not aware of any reason for today’s share price movement.
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