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Graña y Montero S.A.A.
GRAMGRAMONC (“the Company” or “Graña y Montero”), a leading Engineering and Construction company, made an announcement in reference to the binding offer for the purchase of shares of The Maple Companies Limited, presented to Maple Energy PLC by Graña y Montero S.A.A. together with Alcogroup S.A. from Belgium, which was informed last October 15, 2014, after it was approved by the company's Board of Directors.
To date, both parties have decided by mutual agreement, to terminate the discussions in relation to the purchase of this company, due to the impossibility to reach an agreement regarding the fulfillment of certain conditions precedent established applicable to the offer.
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