Genel Energy Increases Recommended Cash Offer For Capricorn Energy

By Reuters News

Sept 25 (Reuters) - Genel Energy PLC GENL.L:

  • REG-GENEL ENERGY PLC GENEL ENERGY PLC: INCREASED RECOMMENDED CASH OFFER FOR CAPRICORN ENERGY PLC (“CAPRICORN”) BY GENEL ENERGY NO.9 LIMITED

  • GENEL ENERGY PLC: EACH CAPRICORN SHAREHOLDER SHALL BE ENTITLED TO RECEIVE, IN AGGREGATE: US$5.74 IN CASH FOR EACH CAPRICORN SHARE HELD

  • GENEL ENERGY PLC: PROPOSED DEAL FOR US$436 MILLION

  • GENEL ENERGY PLC: INCREASED DEAL VALUE COMPRISES US$4.75 IN CASH & SPECIAL DIVIDEND OF US$0.99 FOR EACH CAPRICORN SHARE

  • GENEL ENERGY PLC: CAPRICORN DIRECTORS CONSIDER TERMS OF INCREASED OFFER TO BE FAIR AND REASONABLE

  • GENEL ENERGY: CAPRICORN DIRECTORS' RECOMMENDATION OF DNO OFFER HAS ACCORDINGLY BEEN WITHDRAWN WITH IMMEDIATE EFFECT

  • GENEL ENERGY PLC - CAPRICORN DIRECTORS BELIEVE THAT INCREASED OFFER PROVIDES CAPRICORN SHAREHOLDERS WITH SUPERIOR VALUE

  • GENEL ENERGY: CAPRICORN DIRECTORS' RECOMMENDATION IN FAVOUR OF IMPLEMENTING INCREASED GENEL OFFER

Further company coverage: GENL.L

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