Update on Acquisition of Cindrigo Energy Limited
Further to the announcement dated 2 August 2021 (the “Completion Announcement”) that the acquisition of Cindrigo Energy Limited (‘CEL’) (the “Acquisition”) had completed on 30 July 2021, Challenger Acquisitions Limited (LSE: CHAL) is pleased to further announce and confirm the details of the terms of the Acquisition, the allocation and settlement of the consideration, the pre-acquisition open offer conducted by CEL to provide additional working capital for its operating subsidiary Cindrigo Limited, the completion of the settlement of certain loan notes and its future plans for the integration and development of the Cindrigo Group.
A copy of the announcement can be downloaded HERE
Also available from the London Stock Exchange website HERE
