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BRIEF-Ithaca Energy announces Delek takeover for cash consideration of C$1.95/share

May 12 Ithaca Energy Inc

* Ithaca Energy Inc announces Delek takeover -- compulsory shares acquisition

* Announces Delek takeover offer for a cash consideration of C$1.95 per share

* Ithaca Energy - holders of remaining common shares not currently owned by offeror entitled to receive C$1.95 in cash per share

* Intends to seek cancellation of admission trade on AIM market of LSE, voluntarily delist from TSX following acquisition Source text for Eikon: Further company coverage:

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