StockMarketWire.com - Sleep wellness brand Evesleep said it had requested its shares were temporarily suspended as the company confirmed it was in 'very early stage' talks to acquire Simba.

If it proceeds, the potential transaction may constitute a reverse takeover under the AIM Rules for companies and require the consent of eve shareholders in a general meeting.

The company had requested that its securities were immediately and temporarily suspended from trading on London Stock Exchange until such time as either the company 'publishes an admission document, discussions with respect to the potential transaction have ceased or it concluded that the potential transaction is not a reverse takeover,' Evesleep said.

'A further announcement will be made in due courseā€¦' the company said.


At 8:41am: [LON:EVE] Eve Sleep Plc share price was 0p at 4.9p



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