Brief: DNO And Capricorn Agree Revised All-Cash Takeover Terms

DNO ASA

17/09/2026 08:04

Sept 17 (Reuters) - Dno ASA DNO.OL:
RECOMMENDED REVISED ALL-CASH OFFER FOR CAPRICORN ENERGY PLC
DNO, DNO BIDCO AS AND CAPRICORN ENERGY PLC HAVE AGREED A REVISION TO TERMS OF ACQUISITION
REVISED ALL-CASH OFFER PROVIDES CAPRICORN SHAREHOLDERS WITH GREATER CERTAINTY OF VALUE AS COMPARED TO ORIGINAL OFFER
CAPRICORN DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY THAT CAPRICORN SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
UNDER TERMS OF REVISED ALL-CASH OFFER EACH CAPRICORN SHAREHOLDER SHALL BE ENTITLED TO RECEIVE FROM BIDCO $5.214 FOR EACH CAPRICORN SHARE
REVISED ACQUISITION PRICE CONTINUES TO IMPLY VALUE FOR ORDINARY SHARE CAPITAL OF CAPRICORN OF APPROXIMATELY US$396 MILLION
Source text: ID:nGNE6mxhYp
Further company coverage: DNO.OL

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