Oleeo Completes Tender Offer With Around 65% Acceptance

(Alliance News) - Oleeo PLC on Friday said 846,627 shares were validly tendered under its 1.3 ...

Alliance News 6 December, 2019 | 7:06PM
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(Alliance News) - Oleeo PLC on Friday said 846,627 shares were validly tendered under its 1.3 million share offer and will be repurchased and cancelled.

The tendered shares equate to approximately 65% of the shares under offer. Following cancellation of the 846,627 shares, Oleeo's share capital in issue will shrink to 6.8 million from 7.7 million.

Shares in Oleeo closed untraded at 160.00 pence in London on Friday.

By Anna Farley; annafarley@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Security Name Price Change (%) Morningstar
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Oleeo PLC

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