ALK Alkemy Capital Investments Plc

RNS Number:7853P
Alkane Energy PLC
11 March 2008


For immediate release                                              11 March 2008


                               Alkane Energy plc


                          ("Alkane" or "the Company")


                             Offer talks terminated

Alkane Energy plc (AIM:ALK) announced on 8 October 2007 that it was in talks 
regarding a potential offer for the Company.  Following further discussions, it 
has not been possible to reach agreement on terms of a formal offer which 
the Board of Alkane feels adequately reflects the value of the Company and which 
it is able to recommend to shareholders.  As a consequence, the Board of Alkane 
announces that all discussions relating to an offer have now ceased and that the 
Company is no longer in an Offer Period.

The Board of Alkane remains committed to continuing to grow power generation
capacity and output from coal mine methane plants and is encouraged by the
continuing strength of the wholesale electricity market.

The current financial year has started well and Alkane is trading in line with
management expectations with contracted income extending well into 2009. Alkane
will announce its preliminary results for the year ended 31 December 2007 on 19
March 2008.



Contacts:

Alkane Energy plc                        01623 827 927
Cameron Davies, Chief Executive
Steve Goalby, Finance Director

Brewin Dolphin Investment Banking        0845 270 8610
Andrew Emmott

Buchanan Communications Limited          020 7466 5000
Ben Willey
Miranda Higham



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
OTTDGGMFNGLGRZM

Grafico Azioni Alkemy Capital Investments (LSE:ALK)
Storico
Da Ago 2024 a Set 2024

Grafico Azioni Alkemy Capital Investments (LSE:ALK)
Storico
Da Set 2023 a Set 2024