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308.00 -8.00 (-2.53%)

Bid:

307.00

Ask:

317.00

Spread: 10.00 (3.257%)

Market Cap: £211.49m

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Statement regarding press speculation

24 Mar 2026 16:16

RNS Number : 9553X

Capricorn Energy PLC

24 March 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

24 March 2026

Capricorn Energy PLC ("Capricorn Energy" or "the Company")

Statement regarding press speculation

Capricorn Energy notes the recent press speculation and confirms that it has received multiple proposals from Dragon Oil to acquire the Company's assets in the Western Desert.

The Company has carefully considered the latest proposal and does not currently believe that it reflects the underlying value of the assets. The Board and management remain focused on maximising shareholder value.

The Company confirms that it has not received a proposal from Dragon Oil to acquire the Company.

Enquiries to:

Analysts / Investors
Nathan Piper, Commercial Director	Tel: 0131 475 3000

Media
Diana Milford, Corporate Affairs	Tel: 0131 475 3000

Georgia Edmonds / Violet Wilson / Fergus Young, Camarco	Tel: 0203 757 4980

About Capricorn Energy PLC

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore development

and production assets in the Western Desert.

For further information, visit www.capricornenergy.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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Date		Source	Headline
31st May 2023	10:32 am	RNS	Total Voting Rights
31st May 2023	7:00 am	RNS	Transaction in Own Shares
30th May 2023	7:00 am	RNS	Transaction in Own Shares
26th May 2023	7:00 am	RNS	Transaction in Own Shares
25th May 2023	3:57 pm	RNS	Annual Financial Report
25th May 2023	7:26 am	RNS	Transaction in Own Shares
24th May 2023	8:27 am	RNS	Holding(s) in Company
24th May 2023	7:15 am	RNS	Transaction in Own Shares
23rd May 2023	7:29 am	RNS	Transaction in Own Shares
22nd May 2023	7:15 am	RNS	Transaction in Own Shares
19th May 2023	10:43 am	RNS	Holding(s) in Company
19th May 2023	7:17 am	RNS	Transaction in Own Shares
18th May 2023	9:59 am	RNS	Directorate Change
18th May 2023	7:20 am	RNS	Transaction in Own Shares
17th May 2023	2:31 pm	RNS	Holding(s) in Company
17th May 2023	7:17 am	RNS	Transaction in Own Shares
16th May 2023	7:00 am	RNS	Total Voting Rights
15th May 2023	1:49 pm	RNS	Result of Meeting
12th May 2023	8:27 am	RNS	Holding(s) in Company
11th May 2023	12:31 pm	RNS	Director/PDMR Shareholding
11th May 2023	7:19 am	RNS	Transaction in Own Shares
10th May 2023	7:12 am	RNS	Transaction in Own Shares
9th May 2023	7:07 am	RNS	Transaction in Own Shares
5th May 2023	7:11 am	RNS	Transaction in Own Shares
4th May 2023	2:50 pm	RNS	Transaction in Own Shares
2nd May 2023	7:00 am	RNS	Holding(s) in Company
28th Apr 2023	12:09 pm	RNS	Circ re. Return of US$450 million to shareholders
28th Apr 2023	9:44 am	RNS	Total Voting Rights
27th Apr 2023	7:00 am	RNS	Full Year Results Announcement
17th Apr 2023	9:28 am	RNS	Holding(s) in Company
13th Apr 2023	10:04 am	RNS	Holding(s) in Company
11th Apr 2023	4:40 pm	RNS	Director/PDMR Shareholding
11th Apr 2023	11:59 am	RNS	Directorate Change
31st Mar 2023	3:06 pm	RNS	Total Voting Rights
23rd Mar 2023	3:30 pm	RNS	Cost base update
23rd Mar 2023	7:00 am	RNS	Change of Adviser
17th Mar 2023	9:20 am	RNS	Drilling/Production Report
28th Feb 2023	1:35 pm	RNS	Total Voting Rights
27th Feb 2023	7:00 am	RNS	Operational, Trading and Business Update
22nd Feb 2023	4:09 pm	RNS	GM Statement
17th Feb 2023	2:00 pm	RNS	Holding(s) in Company
15th Feb 2023	10:31 am	RNS	Update on NewMed transaction and Strategic Review
14th Feb 2023	4:54 pm	RNS	Director Declaration
1st Feb 2023	6:06 pm	RNS	New Board to undertake Strategic Review
1st Feb 2023	3:20 pm	RNS	Result of Meeting
1st Feb 2023	11:56 am	RNS	Result of Meeting
31st Jan 2023	6:02 pm	RNS	Publication of Supplementary Prospectus & Circular
31st Jan 2023	2:19 pm	RNS	Total Voting Rights
24th Jan 2023	7:10 am	RNS	Holding(s) in Company
24th Jan 2023	7:00 am	RNS	Board Changes

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