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- There is currently no data for NUC
Nucleus Financial surges as it confirms takeover proposals
The Edinburgh-based fintech said it is also in preliminary talks with Aquiline Capital Partners and Allfunds regarding potential offers.
"Discussions between Nucleus and the respective parties are ongoing," it said. "Nucleus understands that Sanlam UK Limited, which owns approximately 52% Nucleus's issued share capital, is supportive of the Nucleus board engaging in potential offer discussions and the company intends to work constructively with Sanlam UK Limited to ensure that the interests of all shareholders are properly considered."
Nucleus said there can be no certainty that any offer will be made, nor as to the terms on which any offer might be made.
"A further announcement will be made in due course, as and when appropriate," it added.
At 120 GMT, the shares were up 30% at 172p.
Latest NUC News
- Nucleus Financial Appoints Sanlam UK CEO Tagliabue As Non-Executive
26 Feb 2020 - Nucleus Financial Sees Fourth Quarter Assets Under Management Climb
31 Jan 2020 - Nucleus Financial pleased with performance as it invests in platform
25 Oct 2019 - Nucleus Financial Quarterly Assets Rise Despite Investor Uncertainty
25 Oct 2019 - Nucleus Financial Outlook Optimistic Following Solid Interim Outturn
10 Sep 2019 - UK Earnings, Trading Statements Calendar - Next 7 Days
3 Sep 2019 - Nucleus Financial lifts profits as customers grow
2 Apr 2019 - Nucleus Financial Outlook Positive As Annual Profit Rises By 10%
2 Apr 2019
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NUC.L News
Nucleus Financial Appoints Sanlam UK CEO Tagliabue As Non-Executive
Nucleus Financial Appoints Sanlam UK CEO Tagliabue As Non-Executive
Nucleus Financial Sees Fourth Quarter Assets Under Management Climb
Nucleus Financial Sees Fourth Quarter Assets Under Management Climb
Nucleus Financial pleased with performance as it invests in platform
(Sharecast News) - Independent wrap platform provider Nucleus Financial Group updated the market on its assets under administration for the three mont...
Nucleus Financial Quarterly Assets Rise Despite Investor Uncertainty
Nucleus Financial Quarterly Assets Rise Despite Investor Uncertainty
Nucleus Financial Outlook Optimistic Following Solid Interim Outturn
(Alliance News) - Wrap platform provider Nucleus Financial Group PLC on Tuesday reported a rise in both interim revenue and assets under administratio...
UK Earnings, Trading Statements Calendar - Next 7 Days
Wednesday 4 September Oxford BiomedicaHalf Year ResultsDunelm GroupFull Year Year Income
Nucleus Financial lifts profits as customers grow
(Sharecast News) - Nucleus Financial, which debuted on London's junior market last summer, has reported a jump in both revenues and profits in its mai...
Nucleus Financial Outlook Positive As Annual Profit Rises By 10%
LONDON (Alliance News) - Nucleus Financial Group PLC on Tuesday said it remains positive for the year ahead as it reported double digit profit growth ...
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