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IN BRIEF: Appreciate shareholders vote for PayPoint acquisition

20th Jan 2023 18:34

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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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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