paid 20% premium.5 Sep 2018 08:42
Under the terms of the agreement, BHP will acquire GGI's entire stake of 103,125,000 shares in SolGold for an aggregate purchase price of £27,423,000 or £0.26592 per share, representing an approximate 20% premium to the 20-day volume-weighted average price of SolGold shares on the London Stock Exchange on September 4, 2018. Closing of the transaction is expected to occur on or about September 6, 2018 subject to customary closing conditions.