cameronfen Posted April 27, 2015 Share Posted April 27, 2015 These guys are tendering for 21% of the shares outstanding, thanks to activism from Wexboy (https://wexboy.wordpress.com/tag/eiib/) The shares are at 180 pence currently and the tender is for 250 pence. They haven't moved up at all since the tender was announced. No odd lot provision or anything but at this level you won't lose much if any on the shares you are already holding. Just a note, you can't tender if you are in the US, Canada, Australia or Japan. I found out the hard way. Link to comment Share on other sites More sharing options...
cameronfen Posted April 27, 2015 Author Share Posted April 27, 2015 Here is the circular: http://www.iii.co.uk/research/LSE:EIIB/news/item/1456554/tender-offer?context=LSE:EIIB Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now