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  3. Trinity Share Price
  4. Trinity Share Regulatory News
  5. Trinity Exploration deadline for clarification

Pin to quick picksTrinity Regulatory News (TRIN)

Trinity Information
  • This share is currently suspended. It was suspended at a price of 68.00
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Trinity Exploration deadline for clarification

25 Jul 2024 13:23

RNS Number : 8845X
Takeover Panel
25 July 2024
 

2024/15

TRINITY EXPLORATION & PRODUCTION PLC ("TRINITY")

 

TOUCHSTONE EXPLORATION INC. ("TOUCHSTONE")

 

LEASE OPERATORS LIMITED ("LEASE OPERATORS")

On 1 May 2024, the boards of Trinity and Touchstone announced that they had reached agreement on the terms of a recommended all share offer pursuant to which Touchstone would acquire the entire issued and to be issued share capital of Trinity (the "Touchstone Offer"), to be implemented by means of a scheme of arrangement.

On 24 May 2024, Trinity published a scheme circular in relation to the Touchstone Offer. That circular included notice of the shareholder meetings to approve the Touchstone Offer, which were convened for 24 June 2024 (the "Shareholder Meetings").

On 24 June 2024, the Shareholder Meetings were held and Trinity announced that the requisite majorities of shareholders had voted in favour of the relevant resolutions proposed at the Shareholder Meetings.

On 28 June 2024, Trinity announced that all regulatory and anti-trust conditions related to the Touchstone Offer had been satisfied and that the court hearing to sanction the Touchstone Offer was being scheduled for 31 July 2024.

On 24 July 2024, Trinity announced that it had received an approach from a potential competing offeror, Lease Operators, and that it was rescheduling the court hearing to sanction the Touchstone Offer to 23 August 2024 (the "Rescheduled Court Hearing").

Pursuant to Section 4 of Appendix 7 of the Takeover Code, the Panel Executive has ruled that, unless the Executive consents otherwise, Lease Operators must by 5.00pm on 16 August 2024, being the seventh day prior to the Rescheduled Court Hearing, either announce a firm intention to make an offer for Trinity under Rule 2.7 of the Takeover Code or announce that it does not intend to make an offer for Trinity. This deadline will cease to apply if, before that time, a third party other than Lease Operators has announced a firm intention to make an offer for Trinity under Rule 2.7.

Each of Trinity, Touchstone and Lease Operators has accepted this ruling.

 

25 July 2024

 

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Date   Source Headline
16th Apr 201511:40 amRNSFORM 8 PUBLIC OPENING POSITION DISCLOSURE
15th Apr 20155:50 pmRNSFORM 8.3 PUBLIC OPENING POSITION DISCLOSURE
13th Apr 20157:00 amRNSPublic Opening Position Disclosure
9th Apr 20156:09 pmRNSForm 8.3 - Trinity Exploration & Production PLC
8th Apr 201512:02 pmRNSForm 8.3 - Trinity Exploration and Production Plc
8th Apr 20157:00 amRNSStrategic Review
26th Mar 20153:05 pmRNSTR-1: Notifications of Major Interests in Shares
10th Mar 20152:08 pmRNSSale of Surplus Inventory
16th Feb 20157:00 amRNSCorporate and Operational update with 2015 outlook
20th Jan 20154:35 pmRNSPrice Monitoring Extension
7th Jan 20153:58 pmRNSDIRECTOR DECLARATION
27th Oct 20147:00 amRNSQ3 2014 Operations Update
2nd Oct 20148:51 amRNSStatement Regarding Share Price
30th Sep 20147:00 amRNSTrinity appoints new Chief Operating Officer
30th Sep 20147:00 amRNSInterim Results
23rd Sep 20147:00 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
8th Sep 20143:39 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
17th Jul 20147:00 amRNSQ2 2014 Operations Update
17th Jul 20147:00 amRNSAsset Acquisition
24th Jun 20144:35 pmRNSResults of Annual General Meeting
2nd Jun 20147:00 amRNSPosting of Final Results and Notice of AGM
22nd May 20147:00 amRNSNotification of Major Interest in Shares
21st May 20147:00 amRNSTrintes B-9X Well Update
30th Apr 20147:01 amRNSPreliminary 2013 Results
11th Apr 20147:00 amRNSQ1 2014 Operations Update
20th Feb 20147:00 amRNSOperational update and 2014 outlook
7th Feb 20147:00 amRNSEl Dorado exploration well result
7th Jan 20144:28 pmRNSTR-1: Notifications of Major Interests in Shares
30th Dec 20137:00 amRNSGaleota License Update
9th Dec 20137:00 amRNSOil Discovery at TGAL-1 exploration well
6th Dec 20137:00 amRNSExploration update
22nd Nov 20135:16 pmRNSChange of Registered Office Address
31st Oct 20137:00 amRNSTGAL-1 exploration well commences drilling
11th Oct 20133:12 pmRNSDirector/PDMR Shareholding
1st Oct 20134:12 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
24th Sep 20137:00 amRNSTrintes Field Operating Update
23rd Sep 201312:23 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
19th Sep 20137:00 amRNSInterim Results
13th Sep 20137:00 amRNSTax Announcement
22nd Aug 20137:00 amRNSCITI AND TRINITY SIGN US$25 MILLION LOAN AGREEMENT
16th Aug 20131:09 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
12th Aug 20137:00 amRNSExploration Programme Update
19th Jul 20133:42 pmRNSDirector/PDMR Shareholding
5th Jul 20135:59 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
2nd Jul 20132:13 pmRNSLTIP Awards
12th Jun 20132:32 pmRNSResults of Annual General Meeting
17th May 20137:00 amRNSPosting of Final Results and Notice of AGM
13th May 20131:08 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
10th May 20137:00 amRNSDirector/PDMR Shareholding
8th May 20137:00 amRNSResults for the year ended 31 December 2012
10111213141516171819

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