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Urals Energy Public Company Ltd announces termination of offer talks and shareholder update

Thursday, 19 Dec 2013 10:30am EST 

Urals Energy Public Company Ltd:Says that it has received a letter from the third party stating that they have decided not to proceed further with their interest in a possible acquisition of the company.Says that it had received a non-binding letter of intent from a third party setting out the third party's intention to make an offer for the entire issued share capital of the company.Says that this potential offer was at an indicative price of 12.25 pence per share. 

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