ATQT.L Share Price (ATQT)

Yes, the offer is 30p per share. Currently the market is quoted as 28-31, which suggests there is not much expectation of a higher bid coming in. The bid has already been agreed by the Attraqt directors so eventually receiving 30p should be reasonably certain. Therefore there doesn't seem much point in selling for less than 30p in the market especially after transaction costs are factored in.

I really don't know as much about this company as I should. Does anyone know who the major shareholders are - staff, directors, investment funds etc.?

Is it 30p?

Is this good news for us shareholders? I guess it is. It's a healthy premium to the current share price. Any chance of other bidders appearing?

'The board of directors of Aegean Bidco Limited ("Bidco"), an indirect wholly-owned subsidiary of Crownpeak Holdings, LLC ("Crownpeak"), and the board of directors of Attraqt Group plc ("Attraqt") are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Bidco for the entire issued and to be issued share capital of Attraqt (the "Acquisition").

Under the terms of the Acquisition, each Attraqt Shareholder will be entitled to receive 30 pence in cash per Attraqt share.

The Acquisition values the entire issued and to be issued share capital of Attraqt at approximately £63.2 million.'

Attraqt CEO, Mark Adams and CFO, Eric Dodd present full year results for the period ended 31 December 2021.

Watch the video here: https://www.piworld.co.uk/company-videos/attraqt-atqt-full-year-2021-results-presentation-april-2022/

Or listen to the podcast here: https://piworld.podbean.com/e/attraqt-atqt-full-year-2021-results-presentation-april-2022/