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IN BRIEF: Smoove extends Pexa's deadline to announce offer intention

Fri, 11th Aug 2023 10:53

Smoove PLC - Oxon, England-based software solutions provider for the housing market - Extends deadline for Pexa Group Ltd to announce its intention to make an offer for the takeover of Smoove

to September 8. The previous deadline was August 11. Says there is no certainty whether an offer will be made. In April, Smoove had announced it was in discussions with the Sydney-listed Pexa, which operates the digital property settlements platform Pexa Exchange, about a potential takeover.

Current stock price: 48.00 pence, trading flat on Friday

12-month change: down 28%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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