Capricorn Energy PLC Share News (CNE)

Capricorn Energy shares fall on production below original expectations

(Alliance News) - Capricorn Energy PLC on Monday bemoaned production below expectations in Egypt, as it progresses with its strategic review of the company's finances.

Capricorn Energy FY production comes in at lower end of revised guidance

(Sharecast News) - Exploration and development firm Capricorn Energy said on Monday that full-year overall production had come in lower than original guidance but within its revised range of 33,000-36,000 barrels of oil per day.

New Capricorn board scraps NewMed merger after shareholder revolt

Feb 15 (Reuters) - British oil and gas producer Capricorn Energy pulled the plug on its planned merger with Israeli gas group NewMed Energy on Wednesday after months of shareholder pressure that also toppled Capricorn's leadership.

Revamped Capricorn Energy board drops merger with NewMed Energy

(Alliance News) - Capricorn Energy PLC and NewMed Energy Ltd on Wednesday called off their proposed merger, after the Capricorn board recommended that shareholders vote against the idea at a general meeting scheduled for next week.

LONDON BROKER RATINGS: Goldman Sachs cuts Standard Chartered

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

Capricorn to review business after shareholders back new directors

Craig van der Laan named as chair

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TRADING UPDATES: Polarean gets FDA ok; Keywords buys 47 Communications

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Capricorn approves Palliser-recommended board appointments at meeting

(Alliance News) - Capricorn Energy PLC on Wednesday said it approved the appointments of six board members, as recommended by its shareholder Palliser Capital Master Fund Ltd.

UK shareholder meetings calendar - next 7 days

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.