Dno: Statement Regarding Final Offer For Capricorn Energy PLC

By Reuters News

Sept 28 (Reuters) - Dno ASA DNO.OL:

  • STATEMENT REGARDING FINAL OFFER FOR CAPRICORN ENERGY PLC

  • TERMS OF REVISED ALL-CASH OFFER ARE FINAL AND WILL NOT BE INCREASED

  • CONFIRMS THAT IT WILL NOT ELECT TO IMPLEMENT ITS OFFER BY MEANS OF CONTRACTUAL OFFER

  • CONFIRMS PROPOSED DEAL OF US$5.214 IN CASH PER CAPRICORN SHARE ARE FINAL

  • HAD POSITIVE INTERACTIONS WITH EGYPTIAN AUTHORITIES FOR OFFER FOR CAPRICORN & CONTINUES TO EVALUATE EGYPT FOR INVESTMENT OPPORTUNITIES

Further company coverage: DNO.OL

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