🕐23.01.12 - 05:54 Uhr

UNIVERSAL COAL PLC [UNV] - RESPONSE TO MEDIA SPECULATION REGARDING STRATEGIC INVESTORS





Fortbridge Media Release

Universal Coal Plc [UNV] - Response to media speculation regarding strategic investors

Universal Coal plc (ASX: UNV) has advised the Company is reviewing the appointment of advisors to assist with informal approaches regarding its coking coal projects in the north of South Africa.

The Company expects increasing interest in these assets, and as a result, and following a number of informal approaches and discussions from groups within the steel sector, Universal may appoint specialist advisors to assist in securing a strategic investor for the coking and thermal coal assets.

Universal has not received a formal statement or offer from any party regarding these assets. The Company continues to be in discussions with various equity investors and industrial groups in the steel and power generation sectors regarding its operations in South Africa as part of its ongoing investor relations and communications programs.

Please find all the details in the attached announcement.

For further information, please contact:

Fortbridge: +61 2 9003 0477
Bill Kemmery +61 4 0012 2449 (Sydney)
Matt Beale +44 79 6638 9196 (London)








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