Corre Energy is set to move ahead with its plans to delist from the Irish stock market.
It comes as the proposal was passed by a majority at its extraordinary general meeting today.
The last day of trading of the company’s shares on Euronext Growth Dublin will be 27 March 2025.
The cancellation of the listing will take effect the following morning.
“After this date shareholders will no longer be able to buy and sell shares in the Company through Euronext Growth Dublin,” the company said in a statement.
Last month, the board of Corre Energy said it believes the cancellation will be in the “best interests” of the company and its shareholders.
“Management has identified potential funding solutions for the portfolio going forward which is outside the public markets,” the company said at the time.
“The Board believe that maintaining a listing on Euronext Growth is unlikely to offer the most effective or cost-efficient path to securing this funding.”
