Brand Architek. Share Price (BAR)

Is the elction for cash or shares passed and yet have not received a letter from my broker. If the offer is binary surely we must be giiven the choice

Not a good start on deadline day .

Deadline for options on takeover 30mins.

Bought these on GTC order 502p set two days ago as cheaper then the 48p cash option , they fell to 429p 19% on today's RNS within next hour.

What a start here .

In Brand Architekts after merger with InnovaDerma at a loss on that investment which will be crystallized.

Looks like lost £2,662 after the 7p cash part of deal on InnovaDerma , less the 624 payout here.

So a 2k loss .

InnovaDerma first bought 8th March 2018.

Warpaint shares have to be 525p to equal the 48p cash offer.

Got these 31/5/2022 for a value stated 57.62p.

IN BRIEF: InnovaDerma merger with Brand Architekts takes effect

Tue, 31st May 2022 14:44Alliance News

InnovaDerma PLC - London-based developer of beauty, personal care and life science products - Merges with Brand Architekts Group PLC, following approval from the High Court of Justice in England and Wales last Friday. Enlarged firm is named Brand Architekts Group PLC. InnovaDerma shares are suspended and will be cancelled on Wednesday. Under the merger, InnovaDerma shareholders will receive 7 pence in cash and 0.3818 of a Brand Architekts share for each InnovaDerma share held.

Based on Brand Architekts's closing price of 106.5p per share at March 29, when the announcement was first made, the merger values each InnovaDerma share at 47.7p and the entire company at GBP13.6 million. This represents a 70% premium to InnovaDerma's closing price of 28 pence per share at March 29. However, the sharp decline in Brand Architekts shares since the day following the announcement of the merger has reduced the value of the offer considerably.

5/12/2024. Warpaint shares 536p. Placing same day 510p.

Not sure if the cash offer at 48p is worth more or less then 0.0916 W7L share.

Shares in British cosmetics challenger brand Brand Architekts nearly doubled in price on Thursday after larger rival Warpaint announced a £13.9m takeover.

Warpaint, whose flagship brands are W7 and Technic, said it had reached an agreement with Brand Architekts' board regarding a cash offer for the company, which has been unanimously recommended by the latter's directors.

The 48p-per-share offer is a 100% premium to Wednesday's closing price of 24p, and an 85.4% premium to the stock's average price over the past three months.

Brand Architekts shareholders may elect to receive 0.0916 new Warpaint shares for each Brand Architekts share they hold as an alternative to the cash offer.

Brand Architekts' stock rose to a high of 47p in morning trade and was up 93% at 46.32p by 0959 GMT, while Warpaint rose 2.5% to 537p.

Warpaint said the acquisition is an "exciting and relatively low risk opportunity to further bolster [...] growth opportunities".

"The proposed acquisition of Brand Architekts provides an attractive strategic opportunity to supplement our on-going international organic growth by integrating Brand Architekts' highly complementary brands into Warpaint's portfolio and leveraging the enhanced range of brands across a wider number of customer relationships," said Warpaint's chief executive Sam Bazini.

Warpaint raised £14m by way of share placing on Thursday to fund the acquisition, along with £1m via a retail offer of new shares to help with general working capital purposes.