WorldSpreads gets management approach for Irish division

Fri Jul 3, 2009 3:30am EDT
 
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LONDON, July 3 (Reuters) - Financial spread betting company WorldSpreads Group Plc (WSPR.L) (WSPR.I) said on Friday it received an approach for its Irish division from certain members of its management.

Shares in WorldSpreads, Ireland's largest spread trading company, were untraded in London.

The shares closed at 69.5 pence on Thursday, valuing the company at 27.7 million pounds ($45.5 million)

(Reporting by Julie Crust; Editing by Myles Neligan)

($1=.6093 POUND)

 

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