Parseq, the financial services outsourcing and mobile banking group, reported that a recommended cash bid will be made at 9p per share.
The offer represents a 94.6% premium to the closing price of 4.63p on 19th August 2011, being the last business day prior to the date of the announcement of the possible offer.
The PSQ share price has increased by 29% over the last year.
Parseq Plc is currently graded b by LCF Research. To learn more, follow the link.
