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LONDON - Deltic Energy PLC (AIM:DELT) shareholders have voted to approve the company’s acquisition by Rockrose Energy Limited (Viaro Bidco), according to a statement released on Thursday.
At meetings held on Thursday, Deltic shareholders passed the necessary resolutions to implement the cash acquisition, which was first announced on June 30, 2025. The scheme of arrangement received support from 96.03% of shares voted at the Court Meeting, representing approximately 33.97% of Deltic’s issued share capital.
The special resolution at the General Meeting to give directors authority to implement the scheme was approved by 96.16% of votes cast.
Viaro Bidco is a wholly-owned subsidiary of Viaro Energy Limited. The acquisition, which values Deltic at an undisclosed amount, remains subject to court sanction and satisfaction of other outstanding conditions.
According to the company statement, the transaction is expected to complete in early Q4 2025. Following completion, Deltic shares will be delisted from the London Stock Exchange’s AIM market.
The acquisition will be implemented through a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.
Deltic Energy, which trades on London’s AIM market, had 93,096,000 shares in issue at the time of the vote.
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