Palliser Receives Additional Letters of Intent from Capricorn Shareholders

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Dec 21, 2022

Palliser Capital (“Palliser”) today announces receipt of signed letters of intent from three additional shareholders of Capricorn Energy PLC (LSE: CNE) (“Capricorn”) in support of Palliser’s proposed resolutions to remove seven current Capricorn directors and appoint six independent, highly qualified replacement candidates. The signed letters of intent from Irenic Capital Management, VR Global Partners and an additional undisclosed shareholder immediately follow Palliser’s call for a general meeting (“EGM”) of Capricorn shareholders.