Ithaca Energy PLC (GB:ITH) has released an update.
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Ithaca Energy PLC has announced that Eni UK Limited, a subsidiary of Eni S.p.A., sold nearly 24.7 million shares at 102 pence each as part of a call option agreement linked to a previous business combination. This transaction, valued at approximately £25.2 million, marks a significant move involving major stakeholders and could impact market sentiment regarding Ithaca Energy’s stock.
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