Petroceltic Starts Legal Action After Activist Investor Highlights Blog Allegations - Proactive Investors -BoardProspects

Petroceltic Starts Legal Action After Activist Investor Highlights Blog Allegations

Proactive Investors Aug 20 2015 BoardNews

The blog’s allegations, which relate to the award of service contracts for the Ain Tsila project in Algeria, were highlighted earlier today via an open letter published by activist shareholder Worldview Capital, which owns 29% of the Petroceltic and ...
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1. On the basis of the investigation it has conducted to date, the company considers the allegations to be entirely baseless, untrue and defamatory.
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