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IN BRIEF: Auctus Growth Proposes Acquisition Of HeiQ

Thu, 12th Nov 2020 17:05

Auctus Growth PLC - acquisition vehicle - Proposes acquisition of HeiQ Materials AG for GBP119.6 million in shares. HeiQ creates technologies that add functionality, comfort, hygiene and sustainability to home textiles, technical textiles, medical textiles and devices. Plans to raise GBP20 million through placing and subscription. Also plans company name change to HeiQ PLC.

Current stock price: 26.50 pence

By Greg Roxburgh; gregroxburgh@alliancenews.com

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AUCT.L Share News (AUCT)

IN BRIEF: Auctus Growth Proposes Acquisition Of HeiQ

UK Shareholder Meetings Calendar - Next 7 Days

IN BRIEF: Auctus Growth Identifies Potential Reverse Acquisition

Auctus Growth Loss Widens Amid Higher Regulatory Costs

Auctus Growth Warns On Coronavirus As Loss Widens In 2019

Auctus Growth Appoints Ross Ainger To Board As Director

Auctus Growth Yet To Secure Acquisition; Interim Loss Widens

Auctus Continues To Seek Acquisition Opportunities As 2018 Loss Widens

Auctus Growth Still Seeking Investment As Half Year Loss Narrows

Auctus Growth Continues To Evaluate Potential Transactions

UK Shareholder Meetings Calendar - Next 7 Days

Auctus Growth Evaluating "Exciting" Acquisition Opportunities

DIRECTOR DEALINGS SUMMARY: Persimmon Non-Executive Buys First Shares

DIRECTOR DEALINGS: Auctus Growth Non-Executive Buys Shares

Auctus Growth Raises GBP114,499.50 In Share Placing (ALLISS)

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AUCT.L Share News (AUCT)

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