Investegate |Nucleus Financial Gp Announcements | Nucleus Financial Gp: Director/PDMR Shareholding investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
SHAREHOLDERS in Edinburgh-based Nucleus Financial have overwhelmingly accepted a £145 million takeover offer for the firm. Salisbury-based retirement planning firm James Hay said investors holding 91.73% of the shares in the Scottish financial technology business had accepted its recommended cash offer of 188p a share. The offer now becomes ‘unconditional to acceptances’ – meaning the company has agreed to sell to the bidder. “I’m very pleased that shareholders have overwhelmingly accepted our offer,” said Richard Rowney, the chief executive of James Hay. “Shareholder approval is a key milestone in the journey to bring together the respective expertise of Nucleus and James Hay.”
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