News post

New Shareholder

RexInternational Holding Limited («Rex») has on 3 June 2016 completed the sale of Thirteen Million Thirty-Two Thousand (13,032,000) ordinary shares in Lime Petroleum Norway AS (“LPN”) to Schroder &Co Banque S.A. (“Schroders”) (the “Transaction”). The Transaction represents ten per cent (10%) of the entire issued and paid-up capital of LPN.   

Schroders is a global asset manager with £324.9 billion of assets under management and offices in 28 countries across Europe, the Americas, Asia and the Middle East.

The shareholding in LPN after the completion of the Transaction are as follows:

Rex  87.84%

Schroders 10%

Lime PetroleumPlc  2.16%