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Genie Energy
GNE announced that the expiration date for its
pending exchange offer of up to 8,750,000 shares of Class B Common Stock for
shares of Series 2012-A Preferred Stock on a one for one basis, has been
extended to Wednesday, October 10, 2012 at 5:00 p.m., New York City time. On
the expiration date, all validly tendered shares of Genie Class B Common Stock
not previously withdrawn will be accepted for exchange pursuant to the terms
of the exchange offer.
Genie also announced that it filed an amended Schedule TO, including a revised
Offer to Exchange disclosure document, to address comments received from the
Staff of the Securities and Exchange Commission, and other clarifications to
the disclosure that will be sent to holders of its Class B Common Stock. The
revised Offer to Exchange can also be obtained free of charge from the
Securities and Exchange Commission at its website (www.sec.gov), upon request
to Genie Energy Ltd., 550 Broad Street, Newark, New Jersey 07102, Attention:
Bill Ulrey, Vice President-Investor Relations and External Affairs, Telephone:
(973) 438-3838 or by sending an email to invest@genie.com and through the
investor's page of the Company's website at www.genie.com/investors.
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