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Waterfall Gets Another Extension For Pollen Street Secured Offer

Tue, 11th Aug 2020 18:21

(Alliance News) - Pollen Street Secured Lending PLC said Tuesday Waterfall Asset Management LLC has been granted a further extension to its deadline to make a takeover offer.

Waterfall now has to make the offer by September 8, after the deadline was extended from Tuesday, August 11.

Pollen Street says Waterfall remains committed to pursuing the offer, first announced back in February at a price of 900 pence per share. Shares in Pollen Street Secured Lending closed flat in London on Tuesday at 778.00 pence each.

The company also says it has made progress on appointing a new investment manager and expects to make a further announcement about this in August.

Shares in Pollen Street Secured Lending closed flat at 778.00 pence each on Tuesday in London.

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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