Statement re Share Price Movement
Contango Holdings Plc acknowledges a recent fall in its share price but states the board is unaware of any specific reason for this movement. The company continues to work with advisors and the Takeover Panel regarding the publication of a circular for a proposed £5,000,000 subscription at 1.11p with strategic investors, confirming all prior details remain unchanged and promising further market updates.
Select text to share a quote on X · sign in to keep highlights & notes in your CGO notes
The board of Contango Holdings Plc notes the recent fall in share price. The directors of the Company can confirm they are not aware of any reason for the recent fall in the share price.
The Company continues to work with its advisers and consult with the Takeover Panel regarding the publication of the circular to obtain a waiver of Rule 9 of the Takeover Code ("Circular") with respect to the Proposed Subscription of £5,000,000 at 1.11p with the Strategic Investors ("Subscription") as announced by RNS of 13 February 2026. The Board can confirm that all prior details published regarding the Subscription remain the same and will update the market in due course once the Company may publish the Circular.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.