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News 2026-10-16 17:33 UTC

Pendant Power extends PLC offer deadline to October 23

Pendant Power extended its offer for PLC to October 23, 2026, having fallen short of the 90% ownership threshold. Tendered shares would lift its stake to 79.08% from 73.53%, with 1,441,644 shares submitted. Payment is scheduled for October 30, 2026; the offer price remains unchanged. A potential reopening would run Nov