showing +90% open23 Nov 2016 07:49
The Board also confirms that it has received an approach from, and is in discussions with Diversis Capital, LLC ("Diversis") in relation to a possible cash offer being made by Diversis or through a wholly owned entity of Diversis for the entire issued and to be issued share capital of ServicePower (the "Possible Offer"). The approach has been made at an indicative price of 6 pence per ordinary share of 1 pence each in the capital of the Company. The Board would like to emphasise that these discussions are at a preliminary stage and that there can be no assurances that such an offer will be made for ServicePower, nor as to the terms on which any offer will be made. Shareholders are advised to take no action