LONDON (Alliance News) - Property firm Safeland PLC said Wednesday that shareholders at its general meeting voted in favour of cancelling its shares on AIM, as well as conducting a tender offer.
Safeland will offer 42.5 pence per share for up to 3.0 million of its shares, meaning it will cost the company up to GBP1.3 million.
Shares in Safeland were up 1.2% at 43.00 pence on Wednesday.
The tender offer will remain open until Tuesday next week, and on Thursday next week Safeland's shares will be cancelled.
