Brief: Smartspace Software Says Reached Agreement On Terms Of A Recommended Cash Offer Of Co By Bidco

Smartspace Software

14/03/2024 08:00

March 14 (Reuters) - Smartspace Software PLC  SMRTS.L :
    * SMARTSPACE SOFTWARE  - RECOMMENDED CASH OFFER FOR
SMARTSPACE
SOFTWARE PLC
    * SMARTSPACE SOFTWARE: REACHED AGREEMENT ON TERMS OF A
RECOMMENDED
CASH OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF
SMARTSPACE BY BIDCO
    * SMARTSPACE SOFTWARE:  UNDER DEAL, EACH SMARTSPACE
SHAREHOLDER
WILL BE ENTITLED TO RECEIVE 90 PENCE IN CASH FOR EACH SMARTSPACE
SHARE HELD
    * SMARTSPACE SOFTWARE PLC:  OFFER PRICE VALUES ENTIRE ISSUED
AND
TO BE ISSUED SHARE CAPITAL OF SMARTSPACE AT APPROXIMATELY £28.35
MILLION

Source text for Eikon:  ID:nRSN7909Ga 
Further company coverage:  SMRTS.L 

 (Reuters.Briefs@thomsonreuters.com)