Business
Results of Court Meeting and General Meeting
Deltic Energy PLC announced that the scheme of arrangement with Rockrose Energy Limited (Viaro Bidco) has been approved at both the Court Meeting and the General Meeting held on August 28, 2025. At the Court Meeting, 31,421,981 scheme shares voted for the scheme, representing 96.03% of the total scheme shares voted. Conversely, 1,299,033 scheme shares voted against, accounting for 3.97%. At the General Meeting, 29,475,812 votes were cast in favor of the resolution, representing 96.16% of the votes cast, while 1,176,117 votes were cast against, representing 3.84%. The total number of Deltic shares in issue at the Voting Record Time was 93,096,000. Subject to remaining conditions, completion of the acquisition is expected in early Q4 2025. Disclaimer*
About this update from Deltic Energy Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATONS OF THAT JURISDICTION\n \nFOR IMMEDIATE RELEASE\n \n \n28 August 2025\n \nRECOMMENDED CASH ACQUISITION\n \nof\n \nDELTIC ENERGY PLC (\"Deltic\")\n \nby\n \nROCKROSE ENERGY LIMITED (\"Viaro Bidco\")\n \n(A WHOLLY-OWNED SUBSIDIARY OF VIARO ENERGY LIMITED)\n \nto be effected by means of a scheme of arrangement under\nPart 26 of the Companies Act 2006\n \nResults of Court Meeting and General Meeting\n \nExpected timetable of principal events\n \n \nOn 30 June 2025, the boards of Viaro Bidco and Deltic announced that they had reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Deltic (the \"Acquisition\"), to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the \"Scheme\").\n \nResults of the Court Meeting and the General Meeting\n \nThe Deltic Directors are pleased to announce that at the Court Meeting and the General Meeting held earlier today in connection with the Acquisition:\n \n1. the requisite majority of Scheme Shareholders voted (either in person or by proxy) to approve the Scheme, being a majority in number of Scheme Shareholders present and voting either in person or by proxy, representing not less than 75 per cent. in value of the Scheme Shares voted by such Scheme Shareholders, at the Court Meeting held on 28 August 2025; and\n \n2. the requisite majority of Deltic Shareholders voted (either in person or by proxy) to pass the Resolution to implement the Scheme, including the amendments to the Articles of Association, at the General Meeting held on 28 August 2025.\n \nDetails of the resolutions passed are set out in the notices of the Court Meeting and the General Meeting contained in the circular in relation to the Scheme sent to Deltic Shareholders on and dated 25 July 2025 (the \"Scheme Document\"), which, subject to any restrictions relating to persons resident in Restricted Jurisdictions, is available on Deltic's website at https://delticenergy.com/disclaimer/.\n ...