REG - Capricorn Energy PLC - Waldorf update

Capricorn EnergyAnnouncement

05/05/2026 13:00

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RNS Number : 0930D  Capricorn Energy PLC  05 May 2026

FOR IMMEDIATE RELEASE                                                                                                                    5 May 2026

 

 

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

 

Waldorf update

 

 

Capricorn notes that Waldorf Production UK Plc's restructuring plan under Part
26A of the Companies Act has now been sanctioned by the Court.

 

Following sanction and subject to completion of the associated transaction,
including a further restructuring plan in Scotland in respect of Waldorf CNS
(I) Limited, Capricorn expects to receive cash proceeds of approximately
US$4-5m, together with recovery of certain outstanding costs in H2 of this
year. The final amount remains subject to customary completion adjustments.

 

Capricorn retains the right to participate in potential residual claims.

 

 

Ends

 

 

 

Enquiries to:

 Analysts / Investors
 Nathan Piper, Commercial Director                                           Tel: 0131 475 3000

 Media
 Diana Milford, Corporate Affairs                                            Tel: 0131 475 3000

 Georgia Edmonds / Violet Wilson / Fergus Young, Camarco                     Tel: 0203 757 4980

 

 

Capricorn Energy

Capricorn is a cash flow-focused energy producer, with an attractive portfolio
of onshore development and production assets in the Western Desert.

 

For more information on Capricorn visit: https://www.capricornenergy.com
(https://www.capricornenergy.com)

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