Gran Tierra Announces Confirmation with Respect to Post-Offer Intention Statements Regarding i3 Energy plc

Executive Summary

• Gran Tierra Energy Inc. confirms it has satisfied the UK Takeover Code’s Rule 19.6(c) reporting requirement following its cash‑and‑shares acquisition of 100% of i3 Energy plc.
• The acquisition was completed on 31 Oct 2024 via a Court‑sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and became effective on that date.
• Gran Tierra has formally notified the Panel on Takeovers and Mergers that it complied with all post‑offer intention statements made in its 19 Aug 2024 announcement and the i3 Energy scheme document dated 29 Aug 2024.

Key Details

• Acquisition structure: Cash and shares purchase of the entire issued and to be issued share capital of i3 Energy plc.
• Completion date: 31 Oct 2024 – Court‑sanctioned scheme of arrangement became effective on this date.
• Regulatory filing: Written confirmation submitted to the Panel on Takeovers and Mergers in accordance with Rule 19.6(c) of the UK Takeover Code.
• Post‑offer intention statements: Gran Tierra confirms compliance with the intentions disclosed under Rule 2.7(c)(viii) and Rule 24.2 of the Code, as previously announced on 19 Aug 2024 and detailed in i3 Energy’s scheme document (29 Aug 2024).
• Financial adviser: Stifel Nicolaus Europe Limited acted exclusively as Gran Tierra’s financial adviser for this transaction.

Notable Quotes

(No CEO/President quotes were included in the release.)