Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Disruptive Capital Acquisition Company Limited (DCAC) entered into a definitive business combination agreement on 19 April 2023 to acquire 100% of the issued and outstanding share capital of Global InterConnection Group SA, whose seed assets include the Atlantic SuperConnection interconnector project. The consideration consists primarily of new DCAC ordinary shares valued at approximately £287.9 million, with additional arrangements including a small refundable advance in Swiss francs, and completion of the transaction was indicated as expected in June 2023.