AAK Arawak

 

TIDMAAK 
 
RNS Number : 5925M 
Rosco SA 
30 January 2009 
 

Not for release, publication or distribution in whole or in part, in or into or 
from Australia or Japan or any other jurisdiction where to do so would 
constitute a violation of the relevant laws of such jurisdiction. 
 
 
FOR IMMEDIATE RELEASE 
 
 
+------------------------------------+------------------------------------+ 
|                                    |                    30 January 2009 | 
+------------------------------------+------------------------------------+ 
 
 
 
 
RECOMMENDED AND INCREASED CASH OFFER 
for 
ARAWAK ENERGY LIMITED 
by 
ROSCO S.A. 
(a member of the Vitol Group) 
 
 
POSTING OF OFFER DOCUMENTATION 
TO ARAWAK SHAREHOLDERS 
 
 
Further to the announcement on 16 January 2009 of its increased and recommended 
offer, Rosco S.A. is pleased to announce that the offer document dated 30 
January 2009 ("Offer Document") containing the full terms and conditions of the 
Offer is being posted to Arawak Shareholders today, together with the Form of 
Acceptance. 
 
 
To accept the Offer in respect of Arawak Shares, the Form of Acceptance should 
be completed, signed and returned, or an Electronic Acceptance (for holdings in 
CREST) or Book-Entry Transfer (for holdings in CDS) made, in accordance with the 
instructions set out in the Offer Document and the Form of Acceptance so as to 
be received or settled as soon as possible and, in any event, by no later than 
3.00 p.m. London time (10.00 a.m. Ontario time) on Monday, 9 March 2009. Holders 
of Arawak Shares in CREST should read paragraph 16(b) of Part 3 of the Offer 
Document and ensure that Electronic Acceptance and settlement are made no later 
than 3.00 p.m. London time (10.00 a.m. Ontario time) on Monday, 9 March 2009. 
Holders of Arawak Shares through a participant of CDS should read paragraph 
16(c) of Part 3 of the Offer Document and ensure that a Book-Entry Transfer is 
effected prior to 3.00 p.m. London time (10.00 a.m. Ontario time) on Monday, 9 
March 2009. 
 
 
Copies of the Offer Document and the Directors' Circular will shortly be 
available for inspection at the UK Listing Authority's Document Viewing 
Facility, which is situated at: The Financial Services Authority, 25 The North 
Colonnade, Canary Wharf, London E14 5HS. The Offer Document and the Directors' 
Circular will also available on Arawak's website (www.arawakenergy.com) and on 
SEDAR (www.sedar.com). 
 
 
Copies of the Offer Document and the Directors' Circular may be obtained 
from Computershare Investor Services Inc. at 100 University Ave 9th Floor, 
Toronto Ontario, M5J 2Y1, Attn: Corporate Actions, or from Computershare 
Investor Services PLC, at The Pavilions, Bridgwater Road, Bristol BS13 8AE, 
United Kingdom, Attn: Corporate Actions Projects, or by calling Computershare 
on: 
 
 
  *  if calling from within Canada: 1 800 564 6253 between 8:30 a.m. and 8:00 p.m. 
  Ontario time; 
  *  if calling from within the UK: 0870 703 6056 between 9:00 a.m. and 5:00 p.m. 
  London time; or 
  *  if you are calling from outside Canada or the UK: +1 514 982 7555 between 8:30 
  a.m. and 8:00 p.m. Ontario time, or you can call the numbers set out above. 
 
Terms defined in the Offer Document have the same meanings in this announcement. 
 
 
Enquiries: 
 
 
The information agent appointed by Rosco S.A. is Kingsdale Shareholder Services 
Inc. who can be contacted at 1-800-775-5159 (within North America) or 
416-867-2272 (outside North America). 
 
 
This announcement does not constitute an offer to sell or an invitation to 
purchase or subscribe for any securities or the solicitation of an offer to buy 
or subscribe for any securities pursuant to the Offer or otherwise. The Offer is 
being made solely by the Offer Document and the Form of Acceptance accompanying 
the Offer Document which contains the full terms and conditions of the Offer 
including details of how the Offer may be accepted. The Offer Document and Form 
of Acceptance are being made available to those Arawak Shareholders who are able 
to receive them, as a result of the laws of the jurisdictions in which they are 
resident. Arawak Shareholders should read the Offer Document and Form of 
Acceptance (if they are able to receive them) as they contain important 
information. 
 
 
The Offer is not being made, directly or indirectly, in or into or by use of the 
mails or any other means or instrumentality (including, without limitation, 
telephonic or electronic) of interstate or foreign commerce of, or any facility 
of a national, state or other securities exchange of Australia or Japan, and the 
Offer will not be capable of acceptance by any such use, means, instrumentality 
or facility or from within Australia or Japan. Accordingly, copies of formal 
documentation relating to Offer are not being, and must not be, directly or 
indirectly, mailed or otherwise forwarded, distributed in or into or from 
Australia or Japan and persons receiving this announcement (including 
custodians, nominees and trustees) must not distribute or send them into or from 
Australia or Japan. Doing so may render invalid any related purported acceptance 
of the Offer. 
 
 
The release, publication or distribution of this announcement in certain 
jurisdictions may be restricted by law and therefore persons in any such 
jurisdictions into which this announcement is released, published or distributed 
should inform themselves about and observe such restrictions. 
 
 
The laws of the relevant jurisdictions may affect the availability of the Offer 
to persons who are not resident in the United Kingdom or Canada. Persons who are 
not resident in the United Kingdom or Canada, or who are subject to laws of any 
jurisdiction other than the United Kingdom or Canada, should inform themselves 
about, and observe, any applicable requirements. Any person (including nominees, 
trustees and custodians) who would, or otherwise intends to, forward this 
announcement, the Offer Document and the Form of Acceptance or any accompanying 
document to any jurisdiction outside the United Kingdom or Canada should refrain 
from doing so and seek appropriate professional advice before taking any action. 
 
 
Dealing Disclosure Requirements 
 
 
Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, 
"interested" (directly or indirectly) in 1 per cent or more of any class of 
"relevant securities" of Arawak, all "dealings" in any "relevant securities" of 
Arawak (including by means of an option in respect of, or a derivative 
referenced to, any such "relevant securities") must be publicly disclosed by no 
later than 3.30 p.m. (London time) on the London business day following the date 
of the relevant transaction. This requirement will continue until the date on 
which the Offer becomes, or is declared, unconditional as to acceptances, lapses 
or is otherwise withdrawn or on which the "offer period" otherwise ends. If two 
or more persons act together pursuant to an agreement or understanding, whether 
formal or informal, to acquire an "interest" in "relevant securities" of Arawak, 
they will be deemed to be a single person for the purpose of Rule 8.3. 
 
 
Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant 
securities" of Arawak by Rosco or Arawak, or by any of their respective 
"associates", must be disclosed by no later than 12.00 noon (London time) on the 
London business day following the date of the relevant transaction. 
 
 
A disclosure table, giving details of the companies in whose "relevant 
securities" "dealings" should be disclosed, and the number of such securities in 
issue, can be found on the Panel's website at www.thetakeoverpanel.org.uk. 
 
 
"Interests in securities" arise, in summary, when a person has long economic 
exposure, whether conditional or absolute, to changes in the price of 
securities. In particular, a person will be treated as having an "interest" 
by virtue of the ownership or control of securities, or by virtue of any option 
in respect of, or derivative referenced to, securities. 
 
 
Terms in quotation marks are defined in the Code, which can also be found on the 
Panel's website. If you are in any doubt as to whether or not you are required 
to disclose a "dealing" under Rule 8, you should consult the Panel. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 OUPBMMRTMMJJBAL 
 

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