Greenland Energy Co Announces Proposed All‑Share Merger with 80 Mile plc

What Happened
Greenland Energy Company announced on September 8, 2026 that it published a Rule 2.4 Announcement under the U.K. City Code on Takeovers and Mergers reporting a proposed all‑share acquisition (merger) of 80 Mile plc. The announcement was released in London via the Regulatory News Service (RNS) and is attached to the company’s Form 8‑K as Exhibit 99.1 and incorporated by reference.

Key Details

• Announcement date: September 8, 2026.
• Parties: Greenland Energy Company (GLND) and target 80 Mile plc.
• Transaction type: proposed all‑share acquisition (merger) announced under Rule 2.4 of the U.K. City Code on Takeovers and Mergers.
• Disclosure channel: published through London’s Regulatory News Service (RNS); Rule 2.4 Announcement filed as Exhibit 99.1 to the Form 8‑K.

Why It Matters
This filing signals a proposed merger subject to the City Code and further public disclosures; it is an initial regulatory/public announcement rather than a completed transaction. Retail investors should watch for follow‑up filings with deal terms, shareholder approvals, or regulatory conditions that could affect Greenland Energy’s share count, corporate structure, or market position. The Rule 2.4 announcement ensures the proposal is publicly disclosed to U.K. markets under takeover rules.