The most recent money supply positioned on 29 January, the fifth indicative supply offered since November 2024, was 3.5p larger than the one submitted by Victoria Property at the start of January, of 34p per share.
In a inventory alternate discover immediately (31 January), GRIO known as the newest supply “unattractive” and added it “materially undervalues the corporate”.
Because of this, the belief’s board rejected Victoria Property’s bid, with the board additionally rejecting Victoria Property’s request, offered alongside the fifth bid on Wednesday (29 January), of extending the PUSU deadline and bettering entry to …