Member Info for Kjn2

Here is the quote from Sky for everyone, so it is not just PE parties in the process:

"Spire is also understood to have received approaches from a number of potential trade buyers."

More facts:

- there are at least 3 parties in the process according to Sky

- there are strategic parties in the process as per Sky news. They usually pay more than PE due to synergies

- Harwood said in an interview “300p”. That seems to be the ask? So maybe a deal at 270-280 gets them there?

- on average, about 60-70% of pusu extensions end up in a deal, just list all historical extensions in UK deals

- the largest holders seem to be sellers, hence the strategic review I guess

Few facts:

- there are at least 3 parties in the process

- there are strategic as in the process as per Sky news. They usually pay more than PE due to synergies

- if no deal, Spire could pay a 100p special dividend. The opco could bear the additional rent costs

- Harwood said in an interview “300p”. That seems to be the ask. So maybe a deal at 270-280 gets them there?

- on average, about 60-70% of pusu extensions end up in a deal