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I3 Energy plc (I3E) Ord GBP0.0001

Sell:12.76p Buy:12.18p 0 Change: 0.1p (0.79%)
Market closed |  Prices as at close on 14 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

I3 Energy plc Ord GBP0.0001

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 Oct 2024)

Gran Tierra Energy Inc has made an offer to buy I3 Energy plc. Shareholders are being offered 10.43p in cash and approximately 0.00483091787 of a Gran Tierra Energy Inc share for every  I3 Energy plc share. The offer was approved at the recent shareholder meetings.

 

Mix and Match facility

 

A mix and match facility is available allowing you to vary the amount of cash and shares you receive under the offer. You may elect to receive additional Gran Tierra Energy Inc shares instead of cash or additional cash instead of Gran Tierra Energy Inc shares. Elections for excess shares or cash will only be satisfied to the extent that other shareholders make equal and opposite elections and may therefore be subject to scaling back, i.e. you may still receive a combination of both cash and shares.

 

The terms of the mix and match facility are as follows:

 

  • Maximum cash. You can elect to receive approximately a further 3.23178744p in cash per I3 Energy share instead of the Gran Tierra Energy Inc shares. This is in addition to the 10.43p per share.
  • Maximum shares. You can elect to receive a further 0.0156 of a Gran Tierra Energy Inc share instead of the 10.43p cash. This is in addition to the approximate 0.00483091787 of a Gran Tierra Energy Inc share.

 

Elections for maximum cash or maximum shares could be scaled back, so you may not get all of the cash or shares you ask for.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:12.76p
Buy:12.18p
Change: 0.1p (0.79%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 14 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

I3 Energy plc Ord GBP0.0001

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 Oct 2024)

Gran Tierra Energy Inc has made an offer to buy I3 Energy plc. Shareholders are being offered 10.43p in cash and approximately 0.00483091787 of a Gran Tierra Energy Inc share for every  I3 Energy plc share. The offer was approved at the recent shareholder meetings.

 

Mix and Match facility

 

A mix and match facility is available allowing you to vary the amount of cash and shares you receive under the offer. You may elect to receive additional Gran Tierra Energy Inc shares instead of cash or additional cash instead of Gran Tierra Energy Inc shares. Elections for excess shares or cash will only be satisfied to the extent that other shareholders make equal and opposite elections and may therefore be subject to scaling back, i.e. you may still receive a combination of both cash and shares.

 

The terms of the mix and match facility are as follows:

 

  • Maximum cash. You can elect to receive approximately a further 3.23178744p in cash per I3 Energy share instead of the Gran Tierra Energy Inc shares. This is in addition to the 10.43p per share.
  • Maximum shares. You can elect to receive a further 0.0156 of a Gran Tierra Energy Inc share instead of the 10.43p cash. This is in addition to the approximate 0.00483091787 of a Gran Tierra Energy Inc share.

 

Elections for maximum cash or maximum shares could be scaled back, so you may not get all of the cash or shares you ask for.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:12.76p
Buy:12.18p
Change: 0.1p (0.79%)
Market closed |  Prices as at close on 14 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

I3 Energy plc Ord GBP0.0001

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 10 Oct 2024)

Gran Tierra Energy Inc has made an offer to buy I3 Energy plc. Shareholders are being offered 10.43p in cash and approximately 0.00483091787 of a Gran Tierra Energy Inc share for every  I3 Energy plc share. The offer was approved at the recent shareholder meetings.

 

Mix and Match facility

 

A mix and match facility is available allowing you to vary the amount of cash and shares you receive under the offer. You may elect to receive additional Gran Tierra Energy Inc shares instead of cash or additional cash instead of Gran Tierra Energy Inc shares. Elections for excess shares or cash will only be satisfied to the extent that other shareholders make equal and opposite elections and may therefore be subject to scaling back, i.e. you may still receive a combination of both cash and shares.

 

The terms of the mix and match facility are as follows:

 

  • Maximum cash. You can elect to receive approximately a further 3.23178744p in cash per I3 Energy share instead of the Gran Tierra Energy Inc shares. This is in addition to the 10.43p per share.
  • Maximum shares. You can elect to receive a further 0.0156 of a Gran Tierra Energy Inc share instead of the 10.43p cash. This is in addition to the approximate 0.00483091787 of a Gran Tierra Energy Inc share.

 

Elections for maximum cash or maximum shares could be scaled back, so you may not get all of the cash or shares you ask for.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
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