i3 Energy Plc (GB:I3E) has released an update.
i3 Energy plc, an oil and gas company with UK and Canadian operations, is proposing a capital reduction to bolster distributable reserves for sustainable dividend payments. Shareholders are invited to a General Meeting on April 15, 2024, to vote on the resolution, with details to be posted on the company’s website and mailed to shareholders. The company emphasizes the importance of reflecting its value on the balance sheet to maintain its dividend policy.
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