11th Oct 2022 13:35
Tullow Oil PLC - London-based oil and gas exploration company - Confirms that its shares on Euronext Dublin have been cancelled. Says the delisting will not affect its listing on London's Main Market and on the Ghana Stock Exchange. Has previously said delisting from Ireland "will simplify compliance and regulatory obligations" and aligns with an "overall objective to reduce central costs and its purpose."
At end of September, set out plans to terminate its co-operation deal with Capricorn Energy PLC, after Capricorn proposed a merger with NewMed Energy Ltd. Capricorn also withdrew its recommendation for the previously agreed combination with Tullow
Current share price: 42.58 pence
12-month change: down 23%
By Sophie Rose; [email protected]
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