Trinity Exploration & Production (GB:TRIN) has released an update.
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Trinity Exploration & Production has announced a recommended cash acquisition by Lease Operators Limited, which is to be executed through a scheme of arrangement under the Companies Act 2006. A court hearing is scheduled for September 25, 2024, to discuss the withdrawal of a previous all-share offer from Touchstone. The company has advised shareholders to review the forthcoming Scheme Document for detailed information regarding the acquisition.
For further insights into GB:TRIN stock, check out TipRanks’ Stock Analysis page.
