A general meeting of the Company was held today at P&J Live, East Burn Road, Stoneywood, Aberdeen, AB21 9FX and online via the Lumi platform in connection with the proposed combination with Eni S.p.A ("Eni") in relation to substantially all of the upstream oil and gas assets of Eni in the UK in exchange for the issue of ordinary shares in the Company to a subsidiary of Eni, Eni UK Limited (the "Combination").
The Company is pleased to announce that the resolution put to the General Meeting voted on by way of a poll was duly approved without amendment by the requisite majority of shareholders. Details of the resolution were set out in the circular posted to shareholders on 22 August 2024 (the "Circular") and can also be found on the Company's website Ithaca Energy | North Sea Oil & Gas Excellence under the "Investors - Business Combination" tab. Shareholder approval for the Combination has now been received, however, the Combination remains subject to the satisfaction of certain other conditions as described in the Circular.
