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APC Technology Ceases Trading After Takeover By Specialist Components
(Alliance News) - APC Technology Group PLC on Monday said its shares were cancelled from trading on the London Stock Exchange following a takeover, valuing the company at over GBP18 million.
Specialist Components Ltd made a 10 pence per share bid for APC in September, valuing at GBP18.3 million.
APC provides design, specification, and distribution services for specialist electronics, lighting technologies, and connectivity products. Specialist Components is a vehicle set up by investment manager Harwood Capital LLP.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.
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