RE:RE:Well guys and gals, BECAUSE Couldn’t agree with you more downwithdotcom1!
Disgruntled GTE shareholder!
Am I understanding correctly with i3 Energy that as at 30/6/24, the number of shares in issue was 1,202,447,663. Wow! That’s a lot of shares.
Gran Tierra paid a heck of a lot for this acquisition and also, the i3 Energy shareholders entitlement is confusing as follows:
Under the terms of the Acquisition, each i3 Energy Shareholder will be entitled to receive:
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one New Gran Tierra Share per every 207 i3 Energy Shares held; and
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10.43 pence cash per i3 Energy Share,
In addition, each i3 Energy Shareholder will be entitled to receive:
The Major Shareholders of i3 Energy
As at 30/6/24, the major shareholders are as follows:
| Shareholder | Number of Ordinary Shares | Percentage held (%) |
| Polus Capital Management (London) | 236,777,003 | 19.69% |
| Premier Miton Investors (London) | 117,135,239 | 9.74% |
| Slater Investments (London) | 105,654,642 | 8.79% |
| JPM Securities (London) | 99,535,453 | 8.28% |
| Hargreaves Lansdown Asset Mgt (Bristol) | 74,809,580 | 6.22% |
| Interactive Investor (Manchester) | 61,870,569 | 5.15% |
| Janus Henderson Investors (London) | 38,500,000 | 3.20% |
Balance is in retail hands.