(Alliance News) - Smoove PLC on Friday announced that it extended the deadline for Pexa Group Ltd to make a possible takeover offer for the fifth time, now running until October 6.
Smoove is an Oxon, England-based software solutions provider for the housing market. Sydney-listed PEXA operates PEXA Exchange, a digital property settlements platform in Australia.
Smoove in April first announced the takeover discussions and since then extended the deadlines in May, June, July and in August.
The company reiterated that there is no certainty if an offer will be made.
Smoove shares rose 7.4% to 45.00 pence each on Friday morning in London.
By Tom Budszus, Alliance News reporter
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