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BRIEF-Scarlet Bidco says recommended cash offer for Servelec Group plc
November 23, 2017 / 7:34 AM / 20 days ago

BRIEF-Scarlet Bidco says recommended cash offer for Servelec Group plc

Nov 23 (Reuters) - SERVELEC GROUP PLC:

* RECOMMENDED CASH OFFER FOR SERVELEC GROUP PLC

* ‍SERVELEC SHAREHOLDERS AT SCHEME RECORD TIME WILL BE ENTITLED TO RECEIVE 313.1 PENCE IN CASH FOR EACH SERVELEC SHARE HELD​

* ‍OFFER VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF SERVELEC AT ABOUT £223.9 MILLION​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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