Investors News

Vector Capital closes tender offer for 10.5 million shares

– September 6, 2024

 

Vector Capital PLC – London-based commercial lending company – Says it has accepted tenders for 10.5 million shares at 33 pence each, for GBP3.5 million in total. Tender offer closed on Tuesday afternoon, and validly tendered shares will be cancelled effective from Tuesday next week. Company says Non-Executive Director Ross Andrews tendered all 263,158 of his ordinary shares, for approximately GBP86,842. Notes that it is scheduled to have trading in its shares on AIM cancelled with effect from the morning of September 16.

Current stock price: 27.00p, up 1.9% on Friday afternoon in London

12-month change: down 33%

By Emma Curzon, Alliance News reporter

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