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SANTOS LIMITED — M&A Activity 2021
Dec 7, 2021
65872_rns_2021-12-07_28007fed-27a6-4ddd-8400-c9f37f436f04.pdf
M&A Activity
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ASX / Media Release
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8 December 2021
PNG ICCC clearance for Oil Search merger
Santos today announced it had received the necessary clearance from the Independent Consumer and Competition Commission (ICCC) of Papua New Guinea in order to implement the proposed merger with Oil Search.
The condition set out in clause 3.1(e) of the Merger Implementation Deed released to ASX on 10 September 2021 has now been satisfied.
The Scheme of Arrangement to implement the merger remains subject to approval from the National Court of Papua New Guinea at a hearing scheduled for 9 December 2021.
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This ASX announcement was approved and authorised for release by Kevin Gallagher, Managing Director and Chief Executive Officer.
Media enquiries James Murphy +61 (0) 478 333 974 [email protected]
Investor enquiries Andrew Nairn +61 8 8116 5314 / +61 (0) 437 166 497 [email protected]
Santos Limited ABN 80 007 550 923 GPO Box 2455, Adelaide SA 5001 T +61 8 8116 5000 F +61 8 8116 5131 www.santos.com
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