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Under the revised terms, Capricorn’s shareholders will receive $5.74 per share through cash and a special dividend.
Not for release, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Please find attached the DNO ASA Statement Regarding Final Offer for Capricorn Energy plc of 28 September 2026. – For further information, please contact:Media: [email protected]: [email protected] – DNO ASA is a Norwegian oil and gas operator active in the North Sea and the Mi
Genel Energy has raised its recommended offer for Capricorn Energy to $5.74 per share, valuing the company at about $436 million and prompting Capricorn’s board to withdraw its recommendation of DNO’s competing bid.
Investing.com -- Shares of Capricorn Energy soared to their highest level since August 2011 on Friday after Genel Energy raised its cash offer to $436 million, outbidding rival DNO and winning renewed backing from Capricorn’s board.
Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYY) has raised its recommended cash offer for Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) to US$5.74 per share, valuing the company at around US$436 million (£330 million) and trumping rival DNO’s revised proposal by about 10%. The offer comprises...
Capricorn Energy reported resilient first-half production and strong cash collections from its Egyptian assets as development drilling accelerated.
Not for release, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Oslo, 21 September 2026 – DNO ASA, the Norwegian oil and gas operator, refers to the scheme document published today by Capricorn Energy plc in connection with the recommended all-cash acquisition of Capricorn Energy plc by DNO Bidco AS, a company directly wholly owned by DNO ASA, to be im
Under the new terms, shareholders will receive the full acquisition value directly in cash from DNO’s Bidco subsidiary.
DNO has improved its recommended US$396 million (£294 million) takeover of Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) as an entirely cash offer, removing reliance on the target being able to pay a special dividend before completion. Capricorn shareholders will now receive US$5.214 per share in...
Not for release, publication or distribution, in whole or in part, directly or indirectly in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction Oslo, 17 September 2026 – DNO ASA, the Norwegian oil and gas operator, announces that the boards of DNO, DNO Bidco AS and Capricorn Energy plc have agreed a revision to the terms of the Acquisition announced on 1 September 2026 pursuant to which Capricorn Shareholders will be entitled to r
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.KEY INFORMATION (a)Full name of discloser:Dimensional Fund Advisors Ltd. whose parent is Dimensional Fund Advisors LP, and also on behalf their investment advisory affiliates (“Dimensional”). The Dimensional entities are investment advisors and Dimensional expressly disclaims beneficial ownership of the shares describe
LONDON, September 09, 2026-- FORM 8.3
DNO and Genel, both partners in a producing oil project in Iraq's Kurdistan, are competing to enter Egypt via Capricorn.
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