Brief: DCAC Announces Business Combination With Global Interconnection Group, An Integrated Platform To Service, Supply And Invest In Interconnector Cables And Wider Energy Transmission Infrastructure Projects

2026 Corporate Holdings

19/04/2023 23:51

April 19 (Reuters) - Disruptive Capital Acquisition
Company Ltd  DCACS.AS :
    * DCAC ANNOUNCES BUSINESS COMBINATION WITH GLOBAL
INTERCONNECTION
GROUP, AN INTEGRATED PLATFORM TO SERVICE, SUPPLY AND INVEST IN
INTERCONNECTOR CABLES AND WIDER ENERGY TRANSMISSION
INFRASTRUCTURE PROJECTS
    * DCAC WILL ACQUIRE 100% OF ISSUED AND OUTSTANDING SHARE
CAPITAL
OF GIG TARGET
    * DISRUPTIVE CAPITAL-AGGREGATE CONSIDERATION WILL BE ISSUE
AND/OR
TRANSFER FROM TREASURY OF 14.39 MILLION DCAC ORDINARY SHARES, AT
£20.00 PER ORDINARY SHARE
    * DISRUPTIVE CAPITAL ACQUISITION - AS A RESULT OF BUSINESS
COMBINATION, GIG TARGET WILL BECOME A WHOLLY OWNED SUBSIDIARY OF
DCAC
    * DISRUPTIVE CAPITAL ACQUISITION - DCAC ORDINARY SHARES WILL
CONTINUE TO BE LISTED ON EURONEXT AMSTERDAM UNDER NEW NAME
"GLOBAL INTERCONNECTION GROUP"

Source text for Eikon:  ID:nGNE7H7h9h 
Further company coverage:  DCACS.AS 

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