|By Marketwired .||
|July 30, 2014 08:00 PM EDT||
LONDON, ENGLAND and TORONTO, ONTARIO -- (Marketwired) -- 07/31/14 -- Trafigura Beheer B.V. ("Trafigura"), a market leader in the global commodities industry, today announces that its wholly owned indirect subsidiary Urion Holdings (Malta) Limited ("Urion") has acquired 202,022,016 ordinary shares ("Ordinary Shares") of EMED Mining Public Ltd. ("EMED") effective 30 July 2014, pursuant to private transactions. The Ordinary Shares were purchased by Urion for a value of GBP 0.09 per Ordinary Share (approximately $0.1655 Cdn. per Ordinary Share).
Trafigura now exercises control or direction over an aggregate of 228,173,516 Ordinary Shares, representing approximately 18.18% of the outstanding Ordinary Shares.
Trafigura has acquired the Ordinary Shares for investment purposes. Depending on market and other conditions, Trafigura may change its beneficial ownership of, or control or direction over, Ordinary Shares through market transactions, private agreements, treasury issuances or otherwise. Trafigura has no role in management of EMED and has not appointed any nominees to the Board of Directors of EMED.
In connection with this news release an early warning report has been filed by Trafigura in accordance with applicable securities laws.
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and non-ferrous metals, iron ore and coal) to clients around the world. The trading business is supported by industrial and financial assets, including 49% owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; 50% owned DT Group which specialises in logistics and trading; and Galena Asset Management. The Company is owned by over 700 of its almost 9,000 employees who work in offices in 58 countries around the world. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. www.trafigura.com.
Trafigura Beheer B.V.
Global Press Office: +41 22 592 4528
Jul. 29, 2016 02:00 AM EDT Reads: 1,665
Jul. 29, 2016 12:30 AM EDT Reads: 1,680
Jul. 29, 2016 12:15 AM EDT Reads: 1,989
Jul. 29, 2016 12:15 AM EDT Reads: 2,083
Jul. 28, 2016 11:45 PM EDT Reads: 1,219
Jul. 28, 2016 10:15 PM EDT Reads: 2,223
Jul. 28, 2016 10:15 PM EDT Reads: 1,438
Jul. 28, 2016 10:15 PM EDT Reads: 1,230
Jul. 28, 2016 10:00 PM EDT Reads: 1,452
Jul. 28, 2016 10:00 PM EDT Reads: 2,099
Jul. 28, 2016 10:00 PM EDT Reads: 1,724
Jul. 28, 2016 09:00 PM EDT Reads: 2,717
Jul. 28, 2016 07:15 PM EDT Reads: 403
Jul. 28, 2016 07:15 PM EDT Reads: 1,237
"We view the cloud not really as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 06:45 PM EDT Reads: 1,647