StockMarketWire.com - Braveheart Investment Group plc has made a private offer to the shareholders of Paraytec Limited (Paraytec) to acquire the remaining issued share capital of Paraytec not currently owned by Braveheart.
If the shareholders of Paraytec accept the Offer, Braveheart will own the entire issued share capital of Paraytec.
Should the offer be accepted, it will be satisfied by the issue to Paraytec shareholders of 995,191 new ordinary shares in Braveheart (the "Consideration Shares").
The Consideration Shares have an aggregate value of £111,652, based on the volume weighted average price of a Braveheart ordinary share calculated for the period 1 July 2019 to 31 August 2019.
The Offer is open for acceptance by shareholders of Paraytec until 5pm on Monday 30 September 2019, after which the Offer will lapse.
Story provided by StockMarketWire.com
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