Investegate |Eddie Stobart Announcements | Eddie Stobart: Result of Open Offer
Eddie Stobart Logistics plc (AIM:ESL), an AIM-quoted cash shell which is proposed to be re-named Logistics Development Group plc following its proposed conversion to an investing company focused on the logistics assets, is pleased to announce that the Open Offer announced on 9 December 2020 has closed oversubscribed. Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Open Offer Entitlement. Applications made under the Excess Application Facility will be scaled back pro-rata such that Shareholders will receive 13.5 ...
Source: investegate.co.uk