InterBulk Shares Suspended As Court Considers Takeover By Den Hartogh (ALLISS)

LONDON (Alliance News) - Shares in InterBulk Group PLC have been temporarily suspended as of Monday due to its takeover by Den Hartogh Holdings BV.

InterBulk, which provides logistics services for the chemical, polymer, food and mineral industries, is being bought by fellow logistics service provider Den Hartogh for 9.00 pence per share, valuing the company at GBP42.1 million. The stock last traded at 8.80p.

InterBulk said the High Court of Justice in England and Wales will consider the scheme of arrangement in relation to the acquisition on Monday, and as a consequence, trading on AIM of InterBulk shares has temporarily been suspended.

A further announcement will be made after the result of the court hearing is known, InterBulk said.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

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