March 5, 2020 / 1:31 AM / a month ago

BRIEF-Universal Coal Responds To Terracom Announcement

March 5 (Reuters) - Universal Coal PLC:

* RESPONSE TO TERRACOM ANNOUNCEMENT

* UNSOLICITED BID CANNOT PROCEED UNTIL INTERIM STOP ORDER IS REMOVED BY ASIC

* IT IS UNCLEAR FROM TERRACOM ANNOUNCEMENT WHICH PARTICULAR ASPECTS OF OFFER DOCUMENT AND / OR UNSOLICITED BID ARE OF CONCERN TO ASIC

* IT IS UNCLEAR ON WHAT BASIS ASIC MAY BE MINDED TO REMOVE INTERIM STOP ORDER

* UNTIL THE INFORMATION REGARDING INTERIM STOP ORDER IS AVAILABLE, STATUS OF UNSOLICITED BID IS UNCERTAIN Source text for Eikon: Further company coverage:

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