Vermilion Energy Trims Coelacanth Position: Stakes Reset From 20.7% To 15% Via $22.8 Million Divestment

2025-12-26 05:29:21

In a strategic portfolio move, Vermilion Energy Inc. (VET, VET.TO) has reduced its ownership stake in Coelacanth Energy Inc., offloading 30 million shares at $0.76 per share in a transaction valued at $22.80 million. This divestment represents a notable shift in Vermilion’s investment positioning.

The Numbers Tell The Story

The share sale accounted for over 2% of Coelacanth’s total issued and outstanding shares. Vermilion’s ownership footprint has been substantially redrawn through this transaction—the energy company previously controlled approximately 110.18 million shares, commanding a 20.7% stake in Coelacanth. Post-transaction, Vermilion’s position has contracted to 80.18 million shares, bringing its ownership percentage down to around 15.0%.

What This Means

The reduction reflects Vermilion’s strategic reallocation of capital and investment priorities. By trimming its Coelacanth stake, the company is recalibrating its portfolio exposure while maintaining a meaningful presence in the entity. This type of measured divestment is common as larger energy firms adjust their holdings based on market conditions and financial objectives.

The transaction underscores how institutional investors like Vermilion continuously optimize their asset mix, balancing between deepening commitments and capturing liquidity opportunities in their investment portfolio.

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