Reabold Resources PLC has published the formal offer document for its recommended all-share acquisition of Union Jack Oil PLC.
The offer is now open for acceptances and will remain available until 1.00 p.m. on 25 September 2026, unless extended in accordance with the offer terms.
The board of Union Jack Oil has unanimously recommended that shareholders accept the offer, with the recommendation included in a letter from the company’s chairman within the offer document.
The offer is open for acceptances until 1.00pm on 25 September 2026, unless extended or brought forward in accordance with the UK Takeover Code.
Shareholders holding certificated shares must return their completed Form of Acceptance by the deadline, while holders of shares in CREST are required to submit an electronic acceptance before the closing time.
The offer document was published on 29 July 2026 and is available through the companies’ respective websites. The transaction remains subject to the terms and conditions outlined in the document, with a long-stop date of 31 December 2026.
Reabold said it will announce any changes to the timetable through a Regulatory Information Service should the expected dates be amended.
If any of the key dates set out in the timetable change, Reabold will give notice of this change by issuing an announcement through a Regulatory Information Service and by making such announcement available on the Reabold website at www.reabold.com.
