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IN BRIEF: Motif Bio Advancing Process To Complete Reverse Takeover

5th Jan 2021 15:04

Motif Bio PLC - AIM cash shell - Says it is currently advancing the necessary work streams to complete the reverse takeover process with a UK-based candidate in the healthcare sector. Notes it expects to provide shareholders with a further update during the second half of January. Motif Bio is expected to make a reverse takeover acquisition by January 28. Failure to do so may result in its admission on the AIM market of the London Stock Exchange being cancelled.

Current stock price: Shares suspended from trading on July 29, 2020

By Ife Taiwo; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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