PXA 0.72% $13.88 pexa group limited

Ann: Presentation - UK update and proposed acquisition of Smoove, page-9

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    The deal values Smoove at approximately £30.8m, offering 54 pence per share,...

    The 54 pence per share offer represents a significant premium on the share value of Smoove and is some 69.3% up on the closing price of 31.9 pence on 21st April 2023.

    The directors of Smoove intend to recommend the acquisition unanimously to the company’s shareholders.
 
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