30th Oct 2023 13:53
Osirium Technologies PLC - Theale, England-based vendor of cloud-based cybersecurity and IT automation software - Shares are suspended from trading on AIM on Monday, as takeover by SailPoint Technologies UK Ltd becomes effective. At the end of August, Osirium agreed to an offer from SailPoint of 2.35 pence per share in cash. This valued Osirium's shares at GBP3.1 million and gave the company an enterprise value, including debt, of GBP6.6 million. Osirium shareholders approved the deal earlier this month. Shares will be cancelled from AIM on Tuesday.
Current stock price: 2.20p
12-month change: down 20%
By Tom Waite, Alliance News editor
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