Increase In The Price Of The Simplified Tender Offer For North Atlantic Energies Shares

Nanterre, Oct 29 (Bernama) -- North Atlantic France today announces its decision to increase the price of the mandatory tender offer under the simplified procedure that it will file for the shares of North Atlantic Energies it does not already own (the “Offer”) to €75 per share.

North Atlantic France recalls that, on November 28, 2025, it announced the successful closing of its acquisition of 82.89% of the share capital and voting rights of Esso S.A.F., renamed North Atlantic Energies, at a price of €26.19 per share, and that it would file the Offer at a price initially set at €28.93 per share. North Atlantic France specified on June 8, 2026 that it would not request the implementation of a squeeze-out procedure as part of the Offer, which it hereby reaffirms.