i3 Energy PLC Announces Confirmation of the status of Recommended Offer
Source: www.gulfoilandgas.com 8/20/2024, Location: Europe
i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, notes the announcement of a possible offer pursuant to Rule 2.4 of the Takeover Code and a firm offer announcement pursuant to Rule 2.7 of the Takeover Code. These announcements were originally made outside of the Regulatory News Service operating hours due to the dual listing of the Company in Canada. This has resulted in the Rule 2.4 possible offer announcement showing on some UK RIS systems as being released after the Rule 2.7 firm intention to make an offer announcement. For the avoidance of doubt, the Company is pleased to confirm that it has received a firm offer from Gran Tierra Energy, Inc. for the entire issued and to be issued share capital of i3 Energy.
The full text of Gran Tierra's Recommended and Final Cash and Share Acquisition announcement made under Rule 2.7 of the Takeover Code can be found at i3.energy.
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