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IN BRIEF: GYG gives more time to Harwood Capital to make firm offer

20th Aug 2021 18:00

GYG PLC - Spanish superyacht company - Says the deadline for either a takeover offer or no offer announcement from Harwood Capital LLP has been extended once again to September 17. GYG's second largest shareholder was in the preliminary stages of evaluating a possible offer for GYG since April 9. The put-up or shut-up deadline was originally May 7. The deadline has subsequently been extended four times and, on the most recent occasion, to August 30.

Current stock price: 70.07 pence, down 4.7%

Year-to-date change: up 0.8%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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GYG.L
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