The Board of Directors of TENT announces that it is convening a general meeting of its Shareholders to approve the proposed members’ voluntary liquidation of the Company, including an initial distribution of approximately £43 million, (the “Liquidation”) or, if the Liquidation is not approved by Shareholders, a tender offer for Shares with a value of approximately £42 million (the “Tender Offer”) (the “Proposals”).
The Circular setting out details of the Proposals and containing the Notice of General Meeting will be posted to Shareholders today and will shortly be available on the Company’s website at https://www.tpenergytransition.com/investor-communication/151/. An extract of the information set out in the Circular is set out in the Appendix to this announcement. All defined terms included herein are as set out in the Circular.
