Science in Sport Receives Possible Offer from bd-capital
Why we think this is neutral
This RNS announcement is about a possible offer for Science in Sport PLC, which does not provide any specific financial or operational updates. The announcement simply states that the company has received an approach from bd-capital at a price of 34 pence per share, which may or may not result in a firm offer. As there are no details on the potential impact of the offer, a neutral sentiment score is appropriate.
Key Points
- Science in Sport PLC has received a possible offer from bd-capital Partners Limited
- The offer price is 34 pence per share
- The company's independent committee is minded to recommend the offer if a firm intention is announced
Summary
Science in Sport PLC has received an approach from bd-capital Partners Limited at a price of 34 pence per share, which may or may not result in a firm offer. The company's independent committee has concluded that it would be minded to recommend the offer, should a firm intention to make an offer be announced. However, there is no certainty that a firm offer will be made, nor as to the terms on which any offer might be made.