English

Singapore, 2 March 2020 - Puma Energy Holdings Pte Ltd today announces it has agreed, subject to receipt of regulatory approvals, to a shareholding restructuring transaction with Trafigura Pte Ltd and Cochan Holdings; the result of which will be that Cochan is no longer a significant shareholder, with Cochan’s shareholding reduced to less than 5%. This is in line with Puma Energy’s previous guidance.

 

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