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Xtract Energy sells remainder of MEO Australia shares

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Xtract Energy PLC (AIM: XTR) said it has sold the remaining 14.375 million shares it held in MEO Australia Ltd (ASX: MEO), an approximately 3.4 percent stake. It realised in aggregate A$7.07 million from the share sales.

The money will support the growth of the other investments within the company's portfolio and provide working capital.

Quick facts: Xtract Resources PLC

Price: 1.1425 GBX

LSE:XTR
Market: LSE
Market Cap: £5.01 m
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