Science in Sport Receives Possible Offer Clarification
Why we think this is neutral
This RNS announcement provides a clarification on a possible offer for Science in Sport plc, but does not contain any specific financial or operational updates. The announcement is informational in nature, and does not warrant a strong positive or negative sentiment score.
Key Points
- Possible offer from bd-capital Partners Limited at 34 pence per share
- Independent committee of the Board would be minded to recommend the possible offer
- No certainty that a firm offer will be made
Summary
The retailer provides clarification on a possible offer for the company, but no further details on financial or operational performance.
Science in Sport plc (AIM: SIS) 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 independent committee of the Board has concluded that it would be minded to recommend the possible offer, should a firm intention to make an offer be announced. However, there is no certainty that a firm offer will be made.
Key Dates
14 May 2025
Deadline for bd-capital to announce a firm intention to make an offer or state it does not intend to make an offer
GENERAL UPDATE