Inactive Instrument

Sureserve Group plc

LAKE

GB00BSKS1M86

Sureserve shares suspended pending an announcement

July 11, 2023 at 08:06 am EDT

Sureserve Group PLC - Basildon, Essex-based compliance and energy services provider - Trading of its shares on AIM has been temporarily suspended, "pending an announcement".

In April, Sureserve said it had reached a takeover agreement with Cap10 4NetZero Bidco, a company indirectly owned by Cap10 Partners, on an all-cash takeover. Cap10 is a Pan-European mid-market private equity firm. Cap10 said it will pay 125 pence for each Sureserve share, a 39% premium to its closing price of 90p on April 21.

Current stock price: suspended at 124.50 pence

12-month change: up 48%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Sureserve Group plc

Sureserve Group plc signed and exchanged a contract to acquire Duality Group Limited.	Apr. 08	CI
Sureserve Group plc acquired Headspace Holdings Ltd.	Jan. 20	CI
Sureserve Group plc signed an agreement To acquire Headspace Holdings Ltd.	Nov. 21	CI
Anlev UK Limited acquired Precision Lift Services Ltd from Sureserve Group plc.	23-10-17	CI
Sureserve Delists from London Bourse After Cap10 Merger	23-07-12	MT
Sureserve to Delist in London as Takeover Becomes Effective	23-07-11	MT
Scheme to facilitate Sureserve takeover becomes effective	23-07-11	AN
Sureserve shares suspended pending an announcement	23-07-11	AN
Cap10 Partners LLP completed the acquisition of Sureserve Group plc from a group of sellers and others.	23-07-10	CI
Sureserve Group's Takeover Scheme Receives Court Sanction	23-07-06	MT
Tintra in Rwandan push, Steepe Cement profit flat	23-06-09	AN
Sureserve Group Shareholders Approve Takeover by Cap10 Partners	23-06-09	MT
Ocean Harvest CFO Crockett to leave in June	23-05-25	AN
Sureserve bolsters order book as profit and revenue jump	23-05-16	AN
FTSE 100 Closes Down Dragged by Oil Stocks; Vodafone Slips	23-05-16	DJ
Earnings Flash (SUR.L) SURESERVE GROUP Reports Fiscal H1 Revenue GBP155.3M	23-05-16	MT
Earnings Flash (SUR.L) SURESERVE GROUP Posts Fiscal H1 EPS GBX3.10	23-05-16	MT
Sureserve Group plc Reports Earnings Results for the Half Year Ended March 31, 2023	23-05-16	CI
FTSE 100 Closes Up 0.1% as UK Business Confidence Improves	23-04-21	DJ
Europe up but New York set for tepid end to week	23-04-21	AN
UK Retail Sales Slip Points to GDP Decline in March	23-04-21	DJ
Stocks mixed; new listing Dowalis tops FTSE 100	23-04-21	AN
UK Gilt Yields Fall on Weaker Retail Sales, Manufacturing PMI	23-04-21	DJ
North Atlantic Smaller Cos "pleased" with Sureserve takeover	23-04-21	AN
AIM WINNERS & LOSERS: Sureserve up on GBP214.1 million takeover offer	23-04-21	AN

Chart Sureserve Group plc

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Company Profile

Sureserve Group plc is a United Kingdom-based company that operates through the Social Housing Energy Services segment. The Social Housing Energy Services segment comprises services, including installation, maintenance and repair on demand of gas appliances and central heating systems, and air and water hygiene solutions; consultancy and project management services for renewables and other technology, and metering services involving the installation, servicing and administration of smart meter devices and associated data. The Social Housing Energy Services segment also offers services in the energy sector, including external, internal and cavity wall insulation, loft insulation, gas central heating, boiler upgrades and other renewable technologies. The Energy Services segment offers services under various energy-saving initiatives, including the Energy Company Obligation (ECO), Green Deal and the Scottish Government's Home Energy Efficiency Programme (HEEPs) Affordable Warmth program.

Sector

Construction & Engineering

Calendar

2024-05-13 - Q2 2024 Earnings Release (Projected)

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