NewMed Energy

Regulatory Filings • Feb 15, 2023

National Storage Mechanism | Additional information

RNS Number : 0243Q

NewMed Energy

15 February 2023

February 15, 2023

Mutual Termination of the Transaction for a Business Combination with Capricorn Energy PLC ("Capricorn")

Further to NewMed Energy - Limited Partnership's ("NewMed") press release of January 15, 2023, with respect to a business combination transaction with Capricorn Energy PLC ("Capricorn" and the "Transaction", respectively), NewMed notes that, following the recent developments at Capricorn, including the fundamental change in the composition of Capricorn's board and senior management, that NewMed and Capricorn have mutually agreed to terminate the Transaction with immediate effect.

Ends

NewMed Energy	+972 (0) 9 9712424
Yossi Abu
Guil Bashan
Nadav Perry
J.P. Morgan (Financial Adviser to NewMed)	+44 (0)20 7742 4000
Yoni Hornik
Daniele Apa
Jamie Riddell
Camarco	+44 (0)20 3757 4980
Billy Clegg
Owen Roberts
Violet Wilson

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