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Horizon Oil Limited (ASX:HZN)
ALERT: Price-sensitive ASX Announcement for HZN
Current share price for HZN : $0.210 -0.008 (-3.45%)+
Announcement
Release
12 Jun 2026 3:24PM
Price at Release
$0.218
Full Release
Summary
Horizon Oil Limited announced that its off-market takeover bid for Cue Energy Resources Limited, initially lodged on 19 March 2026 and supplemented in April and June, is now free from several conditions, with Horizon holding 52.46% voting power in Cue Energy. The offer remains subject to the condition of no prescribed occurrences.
Key Points
- Horizon Oil Limited made an off-market takeover bid for Cue Energy Resources Limited.
- Horizon lodged a replacement bidder’s statement on 19 March 2026.
- Supplementary bidder’s statements were issued on 16 April 2026 and 9 June 2026.
- Horizon’s offer is now free from several conditions listed in Appendix 2 of the Bidder’s Statement.
- As of the notice date, Horizon holds 52.46% voting power in Cue Energy.
- The offer remains subject to the condition of 'no prescribed occurrences'.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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