24th May 2019 12:57
LONDON (Alliance News) - Two Shields Investments PLC on Friday said it signed a share purchase agreement with certain shareholders of WeShop Ltd.
Under the agreement, WeShop shareholders have agreed to swap their shares in WeShop for the issue and allotment of new shares in TSI.
On completion of the transaction, TSI will increase its holding in WeShop from 1.71% to 6.7% after acquiring 226,667 shares from WeShop shareholders.
Two Shields Investments shares were trading 0.5% lower at 0.094 pence.
Related Shares:
TSI.L