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  5. IN BRIEF: HML Accepts GBP19 Million Takeover Offer By BDO Nominees

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IN BRIEF: HML Accepts GBP19 Million Takeover Offer By BDO Nominees

Thu, 30th Jul 2020 17:39

HML Holdings PLC - Surrey-based property management services firm - Agrees to offer by BDO Nominee Co Ltd to acquire company for GBP19.0 million in total. Under agreement, BDO will purchases shares for 37.5 pence each, a 27% premium to HMP's closing price on Wednesday at 29.50p. Acquisition is conditional on gaining at least 75% shareholder approval.

BDO Nominee is a company formed under direction of Harwood Capital LLP for the purpose of making the offer.

Current stock price:36.07 pence

Year-to-date change: up 11%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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18 Jun 2010 16:01

Hml Holdings Plc Acquisition

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Small caps round-up: Imagination, Cashbox, Capital & Regional...

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