Proposed acquisition of Dart Energy by IGas may depend on Airth planning appeal decision

Falkirk, July 23 2014

Dart Energy today published a Scheme Booklet detailing their proposed acquisition by IGas Energy PLC. The Scheme will not become effective, i.e. the acquisition will not go through, if by 8am AEST on September 5th 2014 "the current planning appeal in relation to Dart’s Airth CSG Project (PEDL 133) in Scotland", which Concerned Communities of Falkirk are opposed to, is "decided in a manner that renders that project impracticable or impossible", i.e. their appeal is refused, unless IGas agree to waive that condition of the Scheme.

Publication date: 

Wednesday, July 23, 2014