Dear client
We have been notified that the Bagnall Board and DORE Board are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition, pursuant to which Bidco, a wholly-owned subsidiary of Bagnall, will acquire the entire issued and to be issued ordinary share capital of DORE that the Bagnall Group does not already own (the "Acquisition").
Under the terms of the Acquisition, each Scheme Shareholder at the Scheme Record Time will be entitled to receive:
for each Scheme Share: 102.6016 pence in cash (the "Offer Price")
It is expected that, subject to the satisfaction of all relevant conditions, the Scheme currently expected to complete in the third or early in the fourth quarter of 2025.
Affected ISIN: GB00BLF7PP25
Please see link to the original notification details: https://www.londonstockexchange.com/news-article/market-news/offer-for-dore/17095954
There are currently no holdings on the platform.
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Kind regards
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