DBAY has announced that it does not intend to make an offer for Anexo and as such, under rule 2.8 of the Takeover Code, DBAY is precluded from making any offer for another six months. We believe DBAY recognises the inherent value and opportunities in Anexo's business, remaining a key shareholder, and supporting Anexo's growth strategy and capital allocation plans which will benefit from increased funding given Anexo's prospects.
19 Aug 2021
Anexo Group* - Trading Accelerating Ahead of Expectations
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Anexo Group* - Trading Accelerating Ahead of Expectations
Anexo Group Plc (ANX:LON) | 64.5 0 0.0% | Mkt Cap: 76.1m
- Published:
19 Aug 2021 -
Author:
Andrew Simms | Philip Modu -
Pages:
5
DBAY has announced that it does not intend to make an offer for Anexo and as such, under rule 2.8 of the Takeover Code, DBAY is precluded from making any offer for another six months. We believe DBAY recognises the inherent value and opportunities in Anexo's business, remaining a key shareholder, and supporting Anexo's growth strategy and capital allocation plans which will benefit from increased funding given Anexo's prospects.