Possible Offer

The Board of Good Energy announces that, on 25 October 2024, it received an unsolicited indicative, non-binding proposal from Esyasoft Holding Limited (“Esyasoft”) relating to a possible offer for the entire issued and to be issued share capital of the Company (the “Possible Offer”).

The Board of Good Energy is evaluating the Possible Offer, together with its financial and legal advisers, and a further announcement will be made as and when appropriate. There can be no certainty that an offer will be made, nor as to the terms of any such offer.

In accordance with Rule 2.6(a) of the Code, Esyasoft must, by not later than 5.00 p.m. on 25 November 2024, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

CEO Nigel Pocklington provides an overview of the period in the video below: