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Capricorn Energy PLC ( (GB:CNE) ) has provided an update.
Capricorn Energy PLC is responding to an announcement from Waldorf UK PLC regarding a restructuring plan that impacts its financial relationship with Capricorn. The plan includes amendments to bond terms and compromises on certain liabilities owed to Capricorn, offering a small cash payment and potential future payments after secured creditors are settled. Capricorn is currently evaluating its options with legal counsel from Norway and England.
More about Capricorn Energy PLC
YTD Price Performance: 7.17%
Average Trading Volume: 49,391
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £219.4M
Learn more about CNE stock on TipRanks’ Stock Analysis page.
