Grupo Gilinski acquires more GeoPark shares, increasing stake to 24.1%
Grupo Gilinski made a transaction to increase its stake in the oil company GeoPark. According to market information, through Colden Investment, it purchased an additional 2.5 million ordinary shares to the 12.8 million it had already bought in the first week of March.
TL;DR
- Grupo Gilinski acquired an additional 2.5 million ordinary shares in GeoPark through Colden Investment, increasing its total stake to 24.1%.
- The transactions were financed with personal funds, with average weighted prices between US$8.80 and US$8.84 per share.
- GeoPark's CEO, Felipe Bayon, welcomed Grupo Gilinski as a long-term strategic partner, expressing confidence in their assets, team, and growth strategy.
- Gabriel Gilinski highlighted confidence in GeoPark's management team, led by Felipe Bayon, and the company's potential in the regional energy sector.
- Grupo Gilinski's investment supports GeoPark's strategy in Colombia and Argentina, enhancing its strategic flexibility and financial discipline.