Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Xenetic cancels open offer in poor market conditions

This article was originally published in Scrip

Executive Summary

Xenetic Biosciences has cancelled the planned open offer of its shares after a restructuring of its ownership and the purchase of German firm SymbioTec took longer than originally anticipated and the AIM-listed company's share price fell below the proposed offer price. The cancellation of the offer had become increasingly likely as Xenetic's share price languished below the offer price of 11 pence.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

SC016120

Ask The Analyst

Please Note: Click here for more information on the Ask the Analyst service.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel