Arden Partners PLC - corporate adviser and multi-service stockbroker based in London - Ask Financial Conduct Authority to extend its approval of the acquisition by London-based legal services company Ince Group PLC. If approved, all required regulatory approvals have been received or waived for acquisition, Arden says. The court hearing to sanction the scheme will be held on April 27, which is expected to be the last day of trading for Arden shares. The admission of new Ince shares will occur on April 29. The long stop date for the transaction is June 30.
Arden current stock price: 14.00 pence
12-month change: down 3.5%
Ince current stock price: 24.35 pence
12-month change: down 70%
By Elizabeth Winter; elizabethwinter@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
