United Energy Group plc
United Energy Group plc: United Energy Group Commissions Close Brothers Seydler
United Energy Group Plc. / Agreement 08.04.2010 14:01 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- United Energy Group Commissions Close Brothers Seydler as Second Designated Sponsor Haslemere, United Kingdom - April 08, 2010 - Close Brothery Seydler Bank AG is the second designated sponsor of United Energy Group. In the future, two leading company in this segment will thus handle the task of backing the liquidity that is necessary for the continued trading of United Energy Group shares. 'We commissioned the prestigious firm of Close Brothers Seydler Bank AG in addition to equinet AG because we are expecting further growth. Even at this time, we are setting the stage on the capital market to ensure compliance with any liquidity criteria of relevance for the stock exchange, as well as to enable existing and potential shareholders of United Energy Group to engage in efficient trading of our shares. As leading and experienced designated sponsor, Close Brothers Seydler Bank brings both the required financial capacities and valuable know-how to the job of supporting the ongoing development of the company,' said Udo Witte, CFO of United Energy Group. Just like equinet AG, Close Brothers Seydler Bank AG ensures that increased liquidity is provided by setting binding prices for share purchases and sales. United Energy Group plc United Energy Group plc is an independent listed energy company. Formed in 2006, the company focused initially on the area of energy production. During the past two years, UEG underwent substantial redevelopment, and operates now in the business areas of Energy Consulting, Energy Trading, and Energy Investments. The company has thereby responded to global market trends as it seeks to make a significant contribution to the energy supply sector, and to help meet the growing energy needs worldwide. Forward-Looking Statements This communication may contain certain forward-looking statements that include declarations of intent, strategies and opinions relating to the future and to the expectations of United Energy Group and its subsidiaries. Any statement contained herein is based on information available on the respective day to the management of UEG; and actual events may vary depending on the occurrence of future events that may or may not be subject to the management's control, including risks and uncertainty factors that may cause the actual outcome to deviate considerably. Such risks and factors include, without being limited to, ramifications that acquisitions may have for the company and its capital structure, exploratory findings, market conditions, the stability of mineral oil and natural gas prices, the uncertainty factors inherent in the operative business of mineral oil and natural gas production, unexpected future investment requirements, competition, statutory provisions, and other factors. Contact: Business Network Marketing- und Verlagsgesellschaft mbH Corinna Kaspar Fasanenstr. 47, D-10719 Berlin Tel. +49 (0) 30 / 81 46 46 00 Fax +49 (0) 30 / 81 46 46 046 E-mail: ir@unitedenergy.com 08.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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