June 20, 2019 / 7:49 AM / 4 months ago

BUZZ-Premier Technical: Surges on takeover bid by Macquarie unit

** Shares of safety services firm Premier Technical Services Group plc surge two-fold to 204 pence

** Stock hits highest since Jan 2018, marks biggest intraday percentage gain since its debut in Feb 2015

** Premier Technical says Macquarie Group unit to buy co for 265.3 mln pounds ($337.09 mln) in cash

** Co says it is offered 210.1 pence for each Premier share, 141.5% premium to its closing price of 87 pence

** Stock up 50.3% YTD ($1 = 0.7870 pounds) (Reporting by Justin George Varghese in Bengaluru)

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