Palliser Sends Public Letter to Capricorn's Board Outlining Major Governance Concerns

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Jan 17, 2023

Palliser Capital (“Palliser”), which owns 7.45% of the issued share capital of Capricorn Energy PLC (“Capricorn” or “the Company”), today sent a public letter to Capricorn’s Board outlining serious governance concerns in response to the Company’s Combined Prospectus and Circular for the NewMed deal vote published on 13 January 2023, the Investor Update Presentation published on 16 January 2023 and the letters shared with Palliser by the Company on 9 January 2023 and 14 January 2023.