IN BRIEF: Appreciate shareholders vote for PayPoint acquisition

Appreciate Group PLC - Merseyside, England-based multi-retailer redemption product provider to ...

Alliance News 20 January, 2023 | 6:34PM
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Appreciate Group PLC - Merseyside, England-based multi-retailer redemption product provider to corporate and consumer markets - Reports that a majority of its shareholders have voted in favour of the acquisition by PayPoint PLC at its general meeting and the court meeting. At the court meeting, 99% of shareholders voted for the acquisition. At the general meeting, motion also gets 99% support. The acquisition still remains subject to the satisfaction or waiver of other conditions, including the court sanctioning the scheme at the court hearing, it says.

Current stock price: 41.90 pence each

12-month change: up 65%

By Abby Amoakuh, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Appreciate Group PLC
PayPoint PLC 551.00 GBX 3.38 -

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