Cykel AI Confirms Post-Offer Intention Statements
Why we think this is neutral
This RNS announcement does not contain any major news that would significantly impact the company's performance or outlook. It is a routine regulatory update confirming the company's compliance with post-offer intention statements following the completion of the recommended offer made by Mustang Energy Plc.
Key Points
- Cykel AI Plc has confirmed compliance with post-offer intention statements
- The confirmation follows the completion of the recommended offer made by Mustang Energy Plc
Summary
The technology company has confirmed it has complied with post-offer intention statements following the completion of the recommended offer made by Mustang Energy Plc.
Cykel AI Plc has announced that, pursuant to Rule 19.6(c) of the Code, and further to completion of the recommended offer made by Mustang Energy Plc for the entire issued and to be issued share capital of Cykel AI Plc, it has duly confirmed in writing to The Panel on Takeovers and Mergers that it has complied with the post-offer intention statement made pursuant to Rule 24.2 of the Code.
GENERAL UPDATE