BRIEF-Galilee Energy And Vintage Enter Into Scheme Implementation Deed

Reuters

2024/10/15

* GALILEE AND VINTAGE ENTER INTO SCHEME IMPLEMENTATION DEED

* CO'S SHAREHOLDERS WILL RECEIVE 2 FULLY PAID ORDINARY SHARES IN VINTAGE FOR EVERY 1 FULLY PAID ORDINARY SHARE IN CO

* UPON IMPLEMENTATION OF SCHEME, EXISTING VINTAGE AND CO SHAREHOLDERS WILL HOLD 60% AND 40% OF MERGED GROUP RESPECTIVELY

* BOARD RECOMMENDS ALL GALILEE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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