Last checked at 
Good Energy Group PLC - Chippenham-based renewable energy utility - Due to continued uncertainty in the energy market with rising prices and supplier failures, suitor Ecotricity Group Ltd is seeking to conclude its takeover offer of Good Energy as soon as possible.
As a result, Ecotricity has moved the deadline for the offer to October 8 from October 10. However the conditions remain the same, and if they are not met the offer will expire.
Ecotricity currently has valid acceptances from 4.6 million shares in Good Energy, reflecting a 28% interest in the company - a figure which includes its own 25% stake.
On Thursday last week, Ecotricity increased its offer for Good Energy to 400 pence per share from 340p, valuing the company at GBP69.9 million.
Current stock price: 289.00 pence
Year-to-date change: up 62%
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
