Takeover Bid on North Atlantic Energies at €28.93: Schedule Adjusted Following ExxonMobil's Share Acquisition
North Atlantic Energies announces the postponement to April 22, 2026, of the publication of its 2025 annual results, due to additional time needed for closing procedures following the implementation of new systems.
Publication Date Postponed
North Atlantic Energies has indicated that the publication date of its 2025 annual results is postponed to April 22, 2026. This delay is due to the additional time required for closing procedures after the implementation of new management and reporting systems since November 28, 2025. The updated financial schedule also mentions that the annual financial report will be available on April 29, 2026, and the annual general meeting of shareholders will be held on June 24, 2026.
Details on the Simplified Public Takeover Bid
North Atlantic France reminds that the simplified public takeover bid for the remaining shares of North Atlantic Energies will be filed with the Financial Markets Authority after the publication of the 2025 annual results and once the work of the independent expert is completed. The filing is expected to occur during the second quarter of 2026. The Offer will only be opened after the AMF's compliance decision is obtained. On November 28, 2025, North Atlantic France acquired all stakes in North Atlantic Energies from ExxonMobil, representing 82.89% of the capital and voting rights. The offer is proposed at a price of €28.93 per share. The board of directors of North Atlantic Energies has appointed Ledouble SAS as the independent expert responsible for issuing an opinion on the fairness of the financial conditions of the Offer.
