IN BRIEF: CEPS Forms New Holding Company To Buyout Unit Shareholder

Thu, 01st Oct 2020 21:06

CEPS PLC - Bath-based investment company focussed on the industrial sector - Forms new holding company Aford Awards Group Holdings Ltd to allow for the purchase of CEPS's 70%-owned subsidiary Aford Awards (Holdings) Ltd in order to buyout minority shareholder. Now holding company will ultimately own 100% of Aford Awards (Holdings).

Current stock price: 27.40 pence

Year-to-date change: down 13%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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