Sintana Energy Inc. Announces Results of Court Meeting and General Meeting

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[{"type":"text","content":"Sintana Energy Inc. Announces Results of Court Meeting and General Meeting\n\n\n\n TORONTO, Nov. 26, 2025 (GLOBE NEWSWIRE) -- On 9 October 2025, the board of Sintana and the Independent Challenger Directors announced they had reached agreement on the terms of a recommended acquisition by Sintana for the entire issued and to be issued ordinary share capital of Challenger (the \"\n \n Acquisition\n \n \"), to be implemented by way of a Court-sanctioned scheme of arrangement under Part IV (section 152) of the Isle of Man Companies Act 1931 as amended from time to time (the “\n \n Scheme\n \n ”).\n \n\n Terms used but not otherwise defined in this announcement shall have the meanings given to them in the Scheme Document (defined below). All references to times in this announcement are to London, United Kingdom times unless stated otherwise.\n \n\n\n Results of the Court Meeting and the General Meeting\n \n\n\n The Independent Challenger Directors are pleased to announce that at the Court Meeting and the General Meeting held earlier today in connection with the Acquisition:\n \n\n\n 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 holders, at the Court Meeting held on 26 November 2025; and\n \n\n the requisite majority of Challenger Shareholders voted, either in person or by proxy, to approve the Special Resolution to implement the Scheme, including the amendments to the Articles of Association, at the General Meeting held on 26 November 2025.\n \n\n\n Details 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 Challenger Shareholders on and dated 3 November 2025 (the “\n \n Scheme Document\n \n ”), which is available on Sintana’s and Challenger’s websites (subject to any restrictions relating to persons resident in a Restricted Jurisdiction) at\n \n\n https://sintanaenergy.com/investor/business-combination-disclosure/\n \n\n and\n \n\n https://www.cegplc.com/documents-disclaimer/\n \n\n .\n \n\n\n Voting results of the Court Meeting\n \n\n\n The table...

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