28th Aug 2024 18:05
Trident Royalties PLC - mining royalty company with projects in nations including the US, Kenya and Brazil - Shares to be suspended from trading on Monday, filing from index operator FTSE Russell confirms, as takeover by Deterra Royalties Ltd nears. The takeover was backed a court and general meeting in July of last year. Trident agreed to the deal in June. It values the firm at GBP144 million. Deterra Royalties is based in Perth, Australia and listed on the ASX exchange.
Current stock price: 48.70 pence
12-month change: up 17%
By Eric Cunha, Alliance News news editor
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