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Zamano Shares Surge As It Receives Takeover Approach

3rd Aug 2015 07:10

LONDON (Alliance News) - Irish mobile payments and marketing company Zamano PLC on Monday said it has received an approach on a possible takeover, sending its shares higher in early trade.

In a short statement, Zamano said it has received a "preliminary and highly conditional approach regarding a possible takeover offer" for EUR0.20 per share.

Shares in Zamano were up 28% to 12.49 pence on the news, the best performer in the AIM All-Share.

Zamano said the offer is "highly conditional on, amongst other things, confirmatory due diligence".

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

Zamano
FTSE 100 Latest
Value8,809.74
Change53.53