Reabold Resources plc’s offer for Union Jack Oil plc has lapsed after failing to gain more than 75% of Union Jack’s voting rights.
Tag: Panel on Takeovers and Mergers Code
Capricorn extends deadline for possible offer
Capricorn Energy plc has secured a second extension to the possible all cash offer for the company from Alamadiyaf al-Masiyyah for Trading LLC, which is a member of the Jeddah-based Cafani Group. FUNDING The potential purchaser now has until 5pm on 3 June 2026 to announce whether or not it has a firm intention to […]
Capricorn secures more time for possible offer
Capricorn Energy plc has been granted more time for Alamadiyaf al-Masiyyah for Trading LLC to make an all cash offer for the company. EGYPT The company said that the extended deadline of 5pm on 6 May 2026 allowed Alamadiyaf al-Masiyyah more time for its funding arrangements. Capricorn may also further extend the revised PUSU deadline […]
Serica extends deadline for EnQuest’s offer
Serica Energy plc has secured an extension to EnQuest plc’s possible all-share offer by way of a reverse takeover for the UK North Sea-focused company. DISCUSSIONS EnQuest was due to state its firm intention to make an offer for Serica by 5pm on 4 April 2025 in accordance with the Panel on Takeovers and Mergers […]