Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Hartshead Resources NL ( (AU:HHR) ).
Hartshead Resources NL has updated the timetable for its proposed scheme of arrangement under which ACAM GP Limited, as general partner of ACAM LP, will acquire 100% of the company’s shares. The company now expects to send the Scheme Booklet, including an independent expert’s report and notice of meeting, to shareholders in early May 2026 after a first court hearing on 29 April 2026.
Shareholders will be asked to vote on the scheme at a meeting expected in early June, with subsequent court approval and implementation targeted for mid to late June 2026. A key regulatory condition has been satisfied, as the UK North Sea Transition Authority has granted consent for the transaction, provided the scheme is implemented by 7 July 2026, supporting the proposed completion timetable.
More about Hartshead Resources NL
Hartshead Resources NL is an Australia-based energy company listed on the ASX that is focused on oil and gas assets, including interests regulated by the UK’s North Sea Transition Authority. The company is currently the target of an agreed acquisition under a scheme of arrangement by ACAM GP Limited, acting as general partner of ACAM LP, which will acquire all of Hartshead’s issued share capital.
Average Trading Volume: 9,600,446
Technical Sentiment Signal: Sell
Current Market Cap: A$36.51M
See more data about HHR stock on TipRanks’ Stock Analysis page.