July 18, 2017 / 11:30 AM / 2 years ago

BRIEF-Touchstone recommends shareholders take no action in IP group offer

July 18 (Reuters) - Touchstone Innovations Plc:

* Notes expected posting of offer document today in relation to IP Group’s offer for entire issued and to be issued share capital of co

* Notes modest increase in terms of offer

* Offer of 304 pence share remains below company’s net assets per share of 312 pence as announced by company on 14 July 2017

* Recommends that shareholders take no action in relation to offer at this time Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below