Mon, 02nd Sep 2019 19:09
(Alliance News) - IQGeo Group PLC on Monday said 23.8 million shares were tendered under its tender offer, around 33% of the company's share capital in issue.
The buyback was priced at 46 pence per share, putting the buyback's total cost at GBP11.0 million. Of the total number of buyback shares, 84% were validly tendered.
Following the offer, the geospatial software firm will have 49.5 million shares in issue.
Shares in IQGeo closed down 3.5% at 41.52 pence in London on Monday.
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(Sharecast News) - IQGeo Group updated the market on the recommended cash acquisition by Geologist Bidco (Bidco), a company wholly-owned by funds advi...
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
(Alliance News) - IQGeo Group PLC on Tuesday accepted an GBP333 million takeover offer from US investment firm Kohlberg Kravis Roberts & Co LP.
(Sharecast News) - Shares of IQGeo Group surged on Tuesday as it agreed to be taken over by private equity firm KKR in a £316m deal.
Iqgeo (IQG)