Publication And Posting Of Scheme Document
In brief · summary, not quotable
Genel Energy PLC has announced the publication of its scheme document regarding the recommended cash acquisition of Capricorn Energy plc by its subsidiary, Genel Energy No.9 Limited. Under the terms of the acquisition, Capricorn shareholders will receive US$4.74 in cash per share, comprising US$3.75 as the acquisition price and a US$0.99 special dividend. The scheme requires approval from Capricorn shareholders at upcoming Court and General Meetings, with the expected effective date in the second half of 2026.
Full announcement
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