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Scheme document published for the £6.9 million recommended cash acquisition by Viaro Energy for Deltic Energy

July 2025

Deltic Energy is an LSE AIM listed natural resources investing company with a high impact exploration and development portfolio focused on the Southern North Sea.

Operating in the oil and gas sector, Deltic aims to harness the UK’s natural resources through innovative exploration projects. With a commitment to sustainable practices and cutting-edge technology, Deltic strives to contribute to the nation’s energy security while minimising environmental impact.

Viaro Energy is an independent British energy company run by a team with over six decades of combined experience in the industry.

Through their main subsidiary RockRose Energy, Viaro operates in the North Sea and has interests in over 30 fields within the UKCS and the Netherlands.

They are committed to supporting the long-term energy security of the UK and their assets account for 9% of daily gas production.

On 30th June 2025, the boards of Rockrose Energy Limited (“Viaro Bidco”) a wholly owned subsidiary of Vario Energy and Deltic announced that they had reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Deltic to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act.

 

Publication of the Scheme Document

The Perivan shareholder communications team was delighted to work with Deltic and DAC Beachcroft who acted as Legal Adviser on the Scheme and associated documents, which were successfully published and posted to qualifying shareholders on 25th July 2025.

For more information, click here.

 

Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.

 

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