Exillon Energy plc (LSE:EXI) is no longer in discussions regarding a sale after Seneal International Agency Ltd. declined to make a purchase offer. It was earlier reported that Seneal International Agency Ltd, that owns 30% of Exillon, and Hanberg Finance Limited intended to acquire Exillon. However they subsequently dropped those plans and Hanberg Finance sold off its entire 14.9% stake.

Exillon stated:" The Board of Exillon is pleased that the sale process that has been conducted over the past three months has helped to demonstrate the value of the Company's assets.The Board of Exillon is committed to working constructively with its new shareholders to deliver value for all shareholders."