The specialist investor in liquidations and illiquid securities has voluntarily supplied to purchase shares at 4p every, however stated it reserved the proper to not buy any holdings with mixture settlement quantities of lower than 100,000 shares.
Southey Capital stated the tender will “present a possibility to holders going through an absence of entry to exchanges or OTC counterparties a possibility to grasp liquidity earlier than a possible full de-listing or blocking of transfers in digital format”.
Nevertheless, the board of Residence REIT stated it couldn’t affirm the authenticity of the supply because it had not be…
