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Investegate |Energean PLC Announcements | Energean PLC: Acquisition of Minority Interest in EISL

  · $432 million of gross assets · $157 million of net assets · $0.5 million of net losses   The Company believes that the current Minority Interest financial data is not representative of the value of the assets, or the future cash flows that will be generated by the assets, due to the stage of development of the assets contained within EISL.     Some of the information contained within this announcement is considered by Energean to constitute inside information, as defined under the EU...
United Kingdom City Of Tel Aviv Russell Poynter Jason Cheng Kate Sloan

Israel: Energean announces proposed acquisition of Kerogen Capital's 30 percent shareholding in Energean Israel

Israel: Energean announces proposed acquisition of Kerogen Capital’s 30 percent shareholding in Energean Israel 04 Jan 2021 Sale and Purchase Agreement (SPA) with Kerogen Investments No.38 Limited, an affiliate of Kerogen Capital, for the proposed acquisition of Kerogens 30% shareholding in Energean Israel Limited (EISL), which would result in Energean owning 100% of EISLs share capital. Highlights - Acquisition Acquisition to acquire Kerogens 30% shareholding in EISL for a total considera...
Jason Cheng Mathios Rigas Energean Israel Limited Purchase Agreement Kerogen Capital Total Consideration

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