RE: RE: BIDCO is paying 9p8 Sep 2022 16:10
As suggested by a recent poster on ADVFN: "it's called a stitch up" ... and I agree!
"Following the completion of the Offer and the delisting of Lamprell's shares and its re-registration as a private company, Lamprell Shareholders who choose not to accept the Offer will remain Lamprell Shareholders in its unlisted private form."
See: Recommended Cash Offer for Lamprell plc; Released : 21 Jul 2022 14:11 (download and word search).
The last time I saw this happen, it was in relation to an AIM company. Nine years later, I found an investment of £2,500 turned into £70,000 including dividends!
I have just invested £2,500 in LAM (27,750 shares). Hopefully, the same investment return will happen again!
BUT there may be difficulties (a forced sell) if you buy via an ISA or SIPP ... from past experience, HMRC don't like private companies ... not immediately researched on my part.