Announcement • Nov 01
i3 Energy to Delist from LSE & TSX, Effective November 1, 2024 On August 19, 2024, the boards of directors of i3 Energy Plc and Gran Tierra Energy Inc. reached agreement on the terms of a recommended and final cash and share acquisition of the entire issued, and to be issued, share capital of i3 Energy. The acquisition is being implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. On October 29, 2024, i3 Energy announced that the court had sanctioned the scheme at the sanction hearing held on October 29, 2024. i3 Energy and Gran Tierra announced that, following delivery of the court order to the Registrar of Companies and satisfaction or waiver of all of the conditions set out in the scheme document, the scheme has now become effective in accordance with its terms and, pursuant to the scheme, the entire issued and to be issued share capital of i3 Energy is now owned by Gran Tierra. An application was made for the suspension of admission to trading in i3 Energy shares on the London Stock Exchange's AIM Market and such suspension has taken effect from 7:30 a.m. today. The cancellation of the admission to trading of the i3 Energy shares on AIM has been applied for and is expected to take place by 8 a.m. on November 1, 2024. The delisting of the i3 Energy shares on the Toronto Stock Exchange has been applied for and is expected to take place at the close of markets on November 1, 2024. Announcement • Oct 08
i3 Energy's Shares on the AIM Market of the London Stock Exchange to be Delisted i3 Energy Plc's shareholders have voted to approve the company's deal to be acquired by Canadian sector player Gran Tierra Energy Inc. The cash-and-stock deal, which is valued at some GBP 174.1 million (USD 228.2 million/EUR 207.8 million), remains subject to other regulatory nods and is seen to be finalised on or around October 31, the Canadian firm said on October 7, 2024. As agreed, i3 shareholders will receive one new Gran Tierra share for every 207 of their existing shares, along with 10.43 pence in cash per share and an additional cash dividend of 0.2565 pence per share. Upon completion, i3 shareholders will own up to 16.5% of Gran Tierra. In addition, i3's shares on the AIM market of the London Stock Exchange will be delisted. Announcement • Aug 20
i3 Energy's Shares to be Cancelled from Trading on the Alternative Investment Market of the London Stock Exchange and Delisted from the Toronto Stock Exchange The boards of Gran Tierra Energy Inc. and i3 Energy Plc have reached agreement on the terms of a recommended and final cash and share offer by Gran Tierra for i3 Energy pursuant to which Gran Tierra will acquire the entire issued and to be issued share capital of i3 Energy, intended to be effected by means of a court sanctioned scheme of arrangement between i3 Energy and the i3 Energy shareholders under Part 26 of the Companies Act. Following completion of the acquisition, i3 Energy shareholders will own up to 16.5% of Gran Tierra. Following completion of the acquisition, it is expected that the i3 Energy shares will be cancelled from trading on the Alternative Investment Market of the London Stock Exchange and delisted from the Toronto Stock Exchange, and that Gran Tierra will, subject to Canadian securities laws, apply to have i3 Energy cease to be a reporting issuer in all jurisdictions of Canada in which it is a reporting issuer.