Tender Offer27 Oct 2021 14:11
Perhaps the tender offer price of £1.05 was attractive when it was fixed at a time when the closing price was 93.4p. The difference now is much less and one would forgo the possibility of dividends and further additional distributions alluded to in the RNS. Perhaps the SP will soon go above £1.05....what then?
At the moment I personally can't see any real benefit of selling, but I suppose the SP could be less once the dust has settled.