Capricorn Energy plc has been left with one potential buyer after rival bidder DNO decided against buying the Scottish firm.
Tag: Genel Energy plc
Capricorn drops DNO to accept new $436m Genel offer
Capricorn Energy plc has approved a raised $436 million offer from Genel Energy Ltd and withdrawn its acceptance of rival DNO’s bid.
Capricorn board approves higher DNO offer
DNO’s $396m offer exceeds Genel Energy’s bid by $36 million.
Capricorn’s potential rival buyers withdraw
Capricorn Energy plc’s two potential rival purchasers today said they did not intend to make an offer for the Edinburgh-based company. Samos Energy and Alamadiyaf al-Masiyyah for Trading Company Ltd had until 5pm on 11 August 2026 to announce their intentions, in accordance with the Takeover Code. Each company added that it reserved the right […]
Capricorn sets deadline for rival offers
Capricorn Energy plc has clarified the deadline for two of its potential purchasers to make an offer for the company. INTENTIONS The Scottish company reached an agreement on 2 July 2026 on an all cash $360 million offer from Genel Energy Ltd. Prior to Genel’s offer, the first interested party Alamadiyaf al-Masiyyah had had extended […]
Capricorn to admit 5.3m block shares
Capricorn Energy plc has applied for a block admission of 5,316,739 ordinary shares of 799/122 pence each to the London Stock Exchange. TVRs The shares will meet the demand for share option exercises and vesting of awards under the company’s employee share plans. Of the total, 845,313 ordinary shares are expected to be allotted to […]