Vis børsmeldingen
Oslo, 17 September 2026 - DNO ASA, the Norwegian oil and gas operator, announces
that the boards of DNO, DNO Bidco AS and Capricorn Energy plc have agreed a
revision to the terms of the Acquisition announced on 1 September 2026 pursuant
to which Capricorn Shareholders will be entitled to receive an amount equal to
the full Acquisition Value in cash from Bidco.
The boards of the three companies believe that the Revised All-Cash Offer
provides Capricorn Shareholders with greater certainty of value as compared to
the Original Offer, as it is not reliant on the Capricorn Board being able to
declare and pay the Permitted Dividend in full prior to the Effective Date.
The Capricorn Directors intend to recommend unanimously that Capricorn
Shareholders vote in favour of the Scheme at the Court Meeting and the
resolutions to be proposed at the General Meeting, each to be convened as soon
as practicable.
The full announcement is attached.
For further information, please contact:
Media: media@dno.no
Investors: investor.relations@dno.no
DNO ASA is a Norwegian oil and gas operator active in the North Sea and the
Middle East. Founded in 1971, DNO is Norway’s oldest oil company and the first
to list on the Oslo Stock Exchange in 1981. The Company holds stakes in onshore
and offshore licenses at various stages of exploration, development and
production in Norway, the Kurdistan region of Iraq, the United Kingdom and
Yemen. More information is available at www.dno.no.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Kilde
