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IN BRIEF: Anpario receives tender offer for 4.3 million shares

Fri, 23rd Jun 2023 14:13

Anpario PLC - Nottinghamshire-based animal feed additive manufacturer - Receives tenders for 4.3 million ordinary shares. Notes tender offer was oversubscribed by 233,700 shares, meaning not all ordinary shares that have been validly tendered have been accepted and purchased. Adds 4.0 million ordinary shares tendered and purchased by the company will be cancelled on or around July 7. On June 2, Anpario had proposed to buy back 4.0 million of its shares for 225 pence each, returning GBP9 million to shareholders. Anaprio added it intends to renew its general share buyback authority at the next annual general meeting, due to take place in June 29.

Current stock price: 210.00 pence, down 4.5% on Friday

12-month change: down 60%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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