Business
Update re Potential Acquisition
Update re Potential Acquisition.
About this update from Milton Capital Plc
[{"type":"text","content":"\n\n27 March 2025\n \nMilton Capital Plc\n \n(\"Milton\" or the \"Company\")\n \nUpdate re Potential Acquisition\n \nMilton Capital Plc is pleased to provide the following update regarding its Potential Acquisition of certain subsidiaries of Horizon Energy Global Corporation (the \"Vendor\") as announced on 8 October 2024.\n \nThe Company and the Vendor have by mutual agreement further extended the Exclusivity Agreement in respect of the Potential Acquisition until the end of May 2025.\n \nThe Company and the Vendor continue to progress their mutual aim of entering into a Share Purchase Agreement as described in the 8 October 2024 announcement, whereby the Vendor, a global energy transition company, wishes to separate its European assets from its core North American domestic business and believes a business combination with Milton will provide its shareholders with the best opportunity to progress these assets. Milton's board believes that the assets represent an outstanding opportunity with high prospectivity.\n \nThe Company will provide further information on the Potential Acquisition in due course.\n \nUnless otherwise defined herein, capitalised terms in this announcement shall have the meaning ascribed to them in the 8 October 2024 announcement.\n \nThis announcement contains information which, prior to its disclosure, was inside information for the purpose of the Market Abuse Regulation (as in force in the United Kingdom).\n \nEnquiries:\n \nMilton Capital\nEdward Dawson, Chief Executive Officer\nTel: +44 (0)20 7390 0236 (via Vigo Consulting)\n \nPeterhouse Capital Limited (Financial Adviser)\nBrefo Gyasi / Guy Miller\nTel: +44 (0)20 7469 0930\n \nVigo Consulting (Investor Relations)\nBen Simons / Finlay Thomson\nTel: +44 (0)20 7390 0236\n \nWebsite: https://www.milton-capital.co.uk/\n\n","length":3729,"tagName":"div"}]