Capricorn Energy PLC Share News (CNE)

Capricorn merger with NewMed unlikely to proceed on resignations

(Alliance News) - NewMed Energy Management Ltd on Tuesday said that its business combination with Capricorn Energy PLC was unlikely to go ahead on the basis of resignations from most of the latter's board members.

Capricorn CEO Simon Thomson leaves board following Palliser pressure

(Alliance News) - Capricorn Energy PLC on Tuesday said Chief Executive Officer Simon Thomson and Chair Nicoletta Giadrossi have left the company's board, amid pressure from shareholder Palliser Capital Master Fund Ltd, which asked for both of them, and Chief Financial Officer James Smith, to leave the board.

Glass Lewis recommends vote against Capricorn board, NewMed merger

Big question mark over Capricorn's planned merger with NewMed

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L&G plans to vote against Capricorn leadership and NewMed merger

LONDON, Jan 16 (Reuters) - Asset manager Legal & General plans to take the rare step of voting to oust energy group Capricorn's senior leadership and halt its planned merger with NewMed, according to a company document seen by Reuters.

IN BRIEF: NewMed still wants Capricorn merger but keeps options open

Capricorn Energy PLC - Edinburgh-based upstream energy company with assets in the UK North Sea, Mexico, Suriname, Mauritania and Egypt - NewMed Energy LP says it continues to promote its proposed merger with Capricorn Energy on the existing terms, saying this is the "most compelling option for all relevant stakeholders". However, the Israeli firm also continues to consider "alternative strategic options" to the merger with Capricorn, which is facing pushback on the deal from shareholder Palliser Capital Master Fund Ltd.

LONDON BRIEFING: FTSE 100 seen flat; Just Eat and Sainsbury's partner

(Alliance News) - With US financial markets closed for a public holiday on Monday and after better-than-expected data for the UK economy on Friday, stocks in London were set to start the week slightly higher.

LONDON BROKER RATINGS: Berenberg likes Pendragon; HSBC cuts Keywords

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON BROKER RATINGS: UBS cuts Beazley; Berenberg likes Rio and BHP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

UPDATE: Capricorn Energy calls general meeting after Palliser request

(Alliance News) - Capricorn Energy PLC on Monday scheduled a general meeting on February 1, in response to a request by shareholder Palliser Capital Master Fund Ltd to remove several directors.

Capricorn Energy calls general meeting in response to Palliser request

(Alliance News) - Capricorn Energy PLC on Monday scheduled a general meeting on February 1, in response to a request by shareholder Palliser Capital Master Fund Ltd to remove several directors.

Capricorn Energy to hold GM as Palliser looks to oust directors

(Sharecast News) - Upstream energy company Capricorn Energy has convened a general meeting at the request of investor Palliser Capital Master Fund in order to discuss the potential removal of multiple board members.

Capricorn Energy to pursue NewMed combination; disputes with Palliser

(Alliance News) - Capricorn Energy PLC on Thursday said it will pursue its combination with Israeli energy limited partnership NewMed Energy to "create a world-class gas and energy champion", while it voiced disagreements with its shareholder Palliser Capital UK.

LONDON BROKER RATINGS: Bernstein cuts Aveva to 'market-perform'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON BRIEFING: Bright start to 2023 for FTSE 100 set to continue

(Alliance News) - Stocks in London are set to open higher on Wednesday, continuing a decent start to the new year and for now overlooking recessionary fears which are hanging over markets.

Activist Crystal Amber calls for Hurricane Energy bosses to go

Crystal Amber proposes removal of chairman, CEO and CFO

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