ICHOR Coal N.V.: Receipt of non-binding offer for Universal Coal plc

The board of Universal Coal plc published an ASX announcement informing investors that it has received an unsolicited, non-binding and conditional bid for 100% of its issued shares at an offer price of A$35c a share.

The full text of this announcement can be read at www.universalcoal.com.

Ichor Coal N.V. owns 29% of Universal Coal.

Should the IchorCoal management and supervisory boards - after due consideration - deem the offer to be attractive and in the best interests of the company, it will be tabled for approval at a shareholder meeting to be convened for this purpose.

Ichor Coal N.V.

The management (board)

Language: English
Company: Ichor Coal N.V.
2 Bruton Road Block C Nicol Main Office Park
Bryanston 2191,
South Africa
Telefon: [phone]
Fax: [phone]
E-Mail: [e-mail]
Internet: www.ichorcoal.com
ISIN: NL0010022307
WKN: A1JQEX
Listed: Regulated Unofficial Market in Frankfurt (Basic Board), Hamburg, Stuttgart