Tough equity markets give Trident Royalties (AIM:TRR) an advantage. CEO, Adam Davidson explains why at our Natural Resources Webinar, 5th December at 6 pm. Register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMore Acqu Regulatory News (TMOR)

Share Price Information for More Acqu (TMOR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.50
Bid: 0.45
Ask: 0.55
Change: 0.00 (0.00%)
Spread: 0.10 (22.222%)
Open: 0.50
High: 0.50
Low: 0.50
Prev. Close: 0.50
TMOR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Update on Proposed RTO

17 Apr 2023 07:00

RNS Number : 3160W
More Acquisitions PLC
17 April 2023

17 April 2023

More Acquisitions plc

("More" or the "Company")

Update on Proposed RTO


Further to the announcement on 23 September 2022 regarding the proposed acquisition by More of Megasteel Limited ("Megasteel") (the "RTO" or the "Proposed Acquisition"), the Company is pleased to confirm that preparations for the publication of a prospectus and admission of the enlarged group to trading on the London Stock Exchange are now well advanced. 

The Directors of More are also pleased to confirm that the Company and Megasteel are currently undertaking an investor roadshow as part of the Proposed Acquisition. 

Rod McIllree, Executive Director of More Acquisitions plc, said:

"We are pleased to report that the RTO is progressing well. We are particularly encouraged by the strong level of interest that has been being shown in Megasteel by the UK investment community to date. We are increasingly confident that shareholders can expect completion of the RTO within this quarter, subject to FCA and other relevant approvals."


Nigel Roberts, CEO of Megasteel Limited, said:

"We are very pleased that we are are now in the final stages of the proposed RTO of Megasteel Ltd by More Acquisitions PLC. I have met with several existing shareholders of More and also potential shareholders and I look forward to concluding the process speedily and successfully."



More Acquisitions plc

Rod McIllree/ Charles Goodfellow

Peterhouse Capital Limited +44 (0)20 7469 0930

Financial Adviser

Narisha Ragoonanthun/ Guy Miller/ Brefo Gyasi 


Lucy Williams/ Duncan Vasey

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Date   Source Headline
1st Dec 20234:13 pmRNSResult of Requisitioned General Meeting
8th Nov 20237:00 amRNSUpdate regarding Requisitioned General Meeting
3rd Nov 202312:31 pmRNSNotice of Requisitioned General Meeting
31st Jul 20235:32 pmRNSHalf-year Report
10th Jul 20232:56 pmRNSResult of AGM
16th Jun 20232:43 pmRNSNotice of AGM
1st Jun 20234:05 pmRNSDirector/PDMR Shareholding
31st May 20233:01 pmRNSLifting of Suspension and Cash Update
24th May 202312:04 pmRNSUpdate on Proposed Acquisition of Megasteel
22nd May 20233:30 pmRNSUpdate on Proposed Acquisition of Megasteel
17th Apr 20237:00 amRNSUpdate on Proposed RTO
13th Dec 20227:00 amRNSAudited Accounts to 31 October 2022
23rd Sep 20227:45 amRNSAcquisition - Megasteel and Suspension of Trading
23rd Sep 20227:30 amRNSSuspension - More Acquisitions Plc
22nd Sep 20228:19 amRNSHolding(s) in Company
8th Sep 202212:08 pmRNSHolding(s) in Company
19th Jul 202211:55 amRNSDirector/PDMR Shareholding
13th Jul 202212:43 pmRNSHolding(s) in Company
31st May 20227:00 amRNSHolding(s) in Company
5th May 20224:06 pmRNSHolding(s) in Company
5th May 20222:11 pmRNSHolding(s) in Company
4th May 202210:48 amRNSHolding(s) in Company
27th Apr 20227:00 amRNSHolding(s) in Company
22nd Apr 20227:00 amRNSDirector/PDMR Shareholding
1st Apr 20222:57 pmRNSDirector/PDMR Shareholding
17th Mar 20224:25 pmRNSDirector/PDMR Shareholding
10th Mar 20224:15 pmRNSHolding(s) in Company
4th Mar 20227:00 amRNSFirst day of dealings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.