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STRIKE ENERGY LIMITED M&A Activity 2018

Dec 6, 2018

65876_rns_2018-12-06_019c0302-628a-401a-9d42-0ad8d20325c1.pdf

M&A Activity

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STRIKE WEST HOLDINGS PTY LTD ACN 616 395 398

SECTION 630(3) CORPORATIONS ACT 2001

NOTICE OF STATUS OF DEFEATING CONDITIONS

To: UIL Energy Limited ASX Limited

This notice is given in respect of the offers contained in the bidder's statement dated 24 October 2018 ( Bidder's Statement ) in respect of the off-market takeover bid by Strike West Holdings Pty Ltd ACN 616 395 398 ( Strike West ) for all of the ordinary shares in UIL Energy Limited ( Ordinary Shares ).

Strike gives notice in accordance with section 630(3) of the Corporations Act 2001 (Cth) that the offers made by Strike for the Ordinary Shares under the Bidder's Statement and each takeover contract arising from the acceptance of those offers have been freed of each of the conditions set out in paragraph 8 of schedule 1 of the Bidder's Statement.

As at 9.30 am on the date of this notice, Strike West’s voting power in UIL Energy Limited is 73.78%.

Dated: 7 December 2018

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………………………………………………. Justin Ferravant Company Secretary