LNGL exploring possibility of US redomicile and listing By Martin Kovacs, 9 Jun 2017

Liquefied Natural Gas Limited (LNGL) has advised that its board of directors has authorised its management team to explore the possibility of redomiciling LNGL to the US along with a listing on either the New York Stock Exchange or Nasdaq.

“The board has been evaluating US listing, and now believes that such a transaction may be of benefit to the company and its shareholders as the company progresses toward the development of its projects in North America,” LNGL stated.

A timetable for a decision on the potential transaction has not at this stage been specified by the board, with further details to be announced once any decisions are made, and the structure and timing have been determined, including whether LNGL will remain listed on the ASX, while any proposal will be subject to LNGL shareholder approval, LNGL stated.