Ithaca Energy PLC (GB:ITH) has released an update.
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Ithaca Energy PLC announced that DKL Energy Limited, a subsidiary of Delek Group, has acquired over 24.6 million ordinary shares at 102 pence each, as part of a call option agreement. This transaction enhances Delek Group’s stake in Ithaca, reflecting strategic maneuvers in the energy sector. Investors may find this a significant move, impacting the company’s market dynamics and shareholder value.
For further insights into GB:ITH stock, check out TipRanks’ Stock Analysis page.
