Greenland Energy agrees indicative terms for all-share acquisition of 80 Mile

• Greenland Energy agreed indicative terms to acquire London-listed 80 Mile in an all-share deal.
• Exchange ratio set at 0.01108 Greenland Energy shares for each 80 Mile share.
• Terms value 80 Mile at GBP 61.48 million, implying about 1.1p per share based on Greenland Energy’s $1.37 close on Sept. 4, 2026.
• Implied price represents premiums of 42.86% and 46.67% to 80 Mile’s Sept. 3 and Sept. 7 closes.
• Greenland Energy bought 246,765,352 80 Mile shares for 0.53p–0.82p, taking a 4.42% stake as of Sept. 8, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Energy Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-009787), on September 08, 2026, and is solely responsible for the information contained therein.