---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-009787"
form_type: "8-K"
ticker: "GLND"
cik: "0002093507"
company_name: "Greenland Energy Co"
filed_at: "2026-09-08T10:05:32+00:00"
generated_at: "2026-09-08T10:10:17.832298+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greenland Energy proposes all-share merger with 80 Mile plc valuing it at £61.48M

## Summary
- Consideration: 0.01108 new GLND shares per 80 Mile share; values 80 Mile at £61.48M (~1.1p/share).
- Premium of 42.86% to 3 Sept close, 46.67% to 7 Sept close; 64.18% above July 2026 placing price.
- GLND owns 4.42% of 80 Mile (246.77M shares) bought 25 Aug-3 Sep at avg 0.73p; offer, if made, ≥0.82p.
- Deal consolidates 100% Jameson Land licences; 2025 Sproule ERCE estimate 13.03B bbl (P10) oil; Dundas ilmenite 117Mt @ 6.1%.
- No firm offer yet; Rule 2.6 deadline 6 Oct 2026. GLND cash $37.4M (30 Jun 2026); warrant plan $1.50 strike for GLND holders only.

## SEC filing metadata
- accession: 0001829126-26-009787
- form_type: 8-K
- ticker: GLND
- cik: 0002093507
- company_name: Greenland Energy Co
- filed_at: 2026-09-08T10:05:32+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2093507/000182912626009787/0001829126-26-009787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2093507/000182912626009787/greenlandenergy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-009787
- JSON: https://secwatch.observer/filing/0001829126-26-009787.json
- Plain text: https://secwatch.observer/filing/0001829126-26-009787.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.