TIDM88E

RNS Number : 5619M

88 Energy Limited

12 May 2020

88 Energy Ltd

Bidder's Statement

Further to the off-market takeover bid by 88 Energy Ltd (88 Energy) for all of the ordinary shares and options in XCD Energy Limited (XCD Energy) announced on 7 May 2020, a copy of 88 Energy's bidder's statement is available at the following link - http://www.rns-pdf.londonstockexchange.com/rns/5619M_1-2020-5-11.pdf

The bidder's statement was lodged with the Australian Securities & Investment Commission and XCD Energy earlier today.

Media and Investor Relations:

88 Energy Ltd

Dave Wall, Managing Director Tel: +61 8 9485 0990

Email: admin@88energy.com

Finlay Thomson , Investor Relations Tel: +44 7976 248471

Hartleys Ltd

Dale Bryan Tel: + 61 8 9268 2829

Cenkos Securities Tel: + 44 131 220 6939

Neil McDonald/Derrick Lee

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(END) Dow Jones Newswires

May 12, 2020 02:00 ET (06:00 GMT)

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