Molten Ventures Confirms Compliance with Forward Partners Acquisition
Why we think this is neutral
This is a standard regulatory announcement confirming that Molten Ventures has complied with its post-offer intention statements related to the acquisition of Forward Partners. The RNS does not contain any new financial information or operational updates that would significantly impact the sentiment.
Key Points
- Molten Ventures confirms compliance with post-offer intention statements for Forward Partners acquisition
- Acquisition of Forward Partners completed on 14 March 2024 via scheme of arrangement
Summary
The venture capital firm confirms it has met its obligations following the acquisition of Forward Partners.
Molten Ventures Plc (GROW) has announced that it has duly confirmed in writing to The Panel on Takeovers and Mergers that it has complied with its respective post-offer intention statements made in relation to the recommended all-share offer for the entire issued and to be issued share capital of Forward Partners plc, which was implemented by way of a scheme of arrangement and became effective on 14 March 2024.
GENERAL UPDATE