IN BRIEF: Xpediator confirms effective date of share takeover

Thu, 06th Jul 2023 15:56

Xpediator PLC - Braintree, England-based freight management services provider - Says that following court approval for the scheme facilitating the takeover by funds advised by BaltCap, Cogels Investments Ltd and Nuoma IR Kapitalas, its shares will be removed from AIM Index on July 7, pending takeover by DLM Bidco Ltd on July 6.

Declares a 2 pence per share special dividend for its takeover by DLM Bidco, and anticipates effective date of takeover of all of its shares to be on Friday.

Current stock price: 43.69 pence

12-month change: up 31%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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