11th Jul 2023 13:04
Sureserve Group PLC - Basildon, Essex-based compliance and energy services provider - Trading of its shares on AIM has been temporarily suspended, "pending an announcement".
In April, Sureserve said it had reached a takeover agreement with Cap10 4NetZero Bidco, a company indirectly owned by Cap10 Partners, on an all-cash takeover. Cap10 is a Pan-European mid-market private equity firm. Cap10 said it will pay 125 pence for each Sureserve share, a 39% premium to its closing price of 90p on April 21.
Current stock price: suspended at 124.50 pence
12-month change: up 48%
By Sophie Rose, Alliance News reporter
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