Business
Publication of Circular, Prospectus & Notice of GM
Publication of Circular, Prospectus & Notice of GM.
About this update from Energean Plc
[{"type":"text","content":"\n \n \n RNS Number : 4193R\n Energean PLC\n 29 June 2020\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Energean plc\n \n \n (\"Energean\" or the \"Company\")\n \n \n \n \n \n PUBLICATION OF CIRCULAR, PROSPECTUS AND NOTICE OF GENERAL MEETING\n \n \n \n \n \n \n London, 29 June 2020 \n \n - Energean plc (LSE: ENOG, TASE: א), the gas producer focused on the Mediterranean, announces the that the Financial Conduct Authority (the \"FCA\") has today approved Energean's shareholder circular (the \"Circular\") and prospectus (the \"Prospectus\") in relation to the proposed acquisition of Edison Exploration and Production S.p.A. (\"Edison E&P\") from Edison S.p.A (\"Edison\") (the \"Acquisition\") as announced on 4 July 2019. The terms of the Acquisition were revised following execution of a series of amendments in 2020, including as announced this morning, to reduce the total consideration and exclude the Norwegian Subsidiary from the transaction perimeter. \n \n \n \n \n \n Energean has today published the Circular and Prospectus. The Circular and Prospectus will be sent or made available to Energean shareholders shortly. The Circular contains further information on the Acquisition and a notice convening a general meeting of Energean's shareholders at 10:00 a.m. on 20 July 2020 at the registered office of the Company at Accurist House, 44 Baker Street, London, W1U 7AL (the \"General Meeting\"), to consider and approve the Acquisition.\n \n \n The Acquisition is conditional upon the approval of Energean's shareholders and requires Energean shareholders who together represent a simple majority of the Energean shares voted at the General Meeting to vote to approve the resolution put to the General Meeting. \n \n \n The expected timetable of principal events in relation to the General Meeting is as follows:\n \n \n EXPECTED TIMETABLE OF PRINCIPAL EVENTS\n \n \n \n \n \n \n Publication of Prospectus and Circular\n \n \n \n \n 29 June 2020\n \n \n \n \n \n \n Latest time and date for receipt of Forms of Proxy \n \n \n \n \n 10:00 a.m. on 16 July 2020\n \n \n \n \n \n \n General Meeting\n \n \n \n \n 10:00 a.m. on 20 July 2020\n \n \n \n \n \n \n Expected date of Completion\n \n \n \n \n Late Q3 / early Q4 2020\n \n \n \n \n \n All references to time in this an...