Inactive Instrument

Xpediator Plc

XPD

GB00BF6P5V92

Xpediator extends deadline for consortium offer to March 14

February 14, 2023 at 03:26 pm EST

Xpediator PLC - Braintree, England-based freight management services provider - Extends the deadline for the consortium to make a firm takeover offer to March 14, as discussions remain ongoing. Notes that the deadline can be extended further.

In December, Xpediator received an indicative offer from a consortium, which includes its former chief executive Stephen Blyth and largest shareholder Cogels Investments Ltd. It offered 42 pence per Xpediator share in cash.

Current stock price: 38.60 pence

12-month change: down 34%

By Abby Amoakuh; Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Xpediator Plc

Xpediator takeover becomes effective; shares to be cancelled next week	23-07-07	AN
DLM Bidco’s Acquisition of Xpediator Becomes Effective	23-07-07	MT
Cogel Investments Limited, funds managed by AS BaltCap and Justas Versnickas completed the acquisition of a 73.71% stake in Xpediator Plc from Shaun R Godfrey, Sandu Grigore and others.	23-07-06	CI
Xpediator confirms effective date of share takeover	23-07-06	AN
All Things Considered raises funds to buy Sandbag	23-06-28	AN
DLM Bidco Consortium Confirms Date to Seek Romanian Approval for Planned Xpediator Takeover	23-06-22	MT
Xpediator says takover by DLM Bidco approved by court and shareholders	23-06-07	AN
Xpediator Plc Auditor Raises 'Going Concern' Doubt	23-06-05	CI
Xpediator boosts profit and revenue ahead of possible takeover	23-05-23	AN
Xpediator Plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-05-23	CI
Xpediator Plc Recommends No Final Dividend for the Year 2022	23-05-23	CI
FTSE 100 Closes Up 1.03% in Third Week of Gains	23-04-06	DJ
WPP Gains on Talk of FGS Global Stake Sale	23-04-06	DJ
Gilt Yields Could Fall as Impact of BOE Rate Rises Emerge	23-04-06	DJ
AIM WINNERS & LOSERS: Block Energy up as financial position improves	23-04-06	AN
Xpediator agrees to takeover by founder and former CEO Stephen Blyth	23-04-06	AN
FTSE 100 Rises as TUI, Miners Gain	23-04-06	DJ
UK Property Market Appears to Be Steadying, Data Says	23-04-06	DJ
FTSE 100 Seen Little Changed as Asian Markets Fall	23-04-06	DJ
Xpediator Receives Bid from Three-party Consortium	23-04-06	MT
FTSE 100 Index Closed Up 1.2% on US Inflation Data	23-03-14	DJ
UK's Declining Wage Growth a Positive for BOE	23-03-14	DJ
Xpediator extends deadline for consortium offer to March 14	23-02-14	AN
FTSE 100 Closes Thursday Up Despite BOE Rate Hikes	23-02-02	DJ
UK Gilt Yields Fall as BOE Raises Rates	23-02-02	DJ

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Company Profile

Xpediator Plc is an international freight management company. The Company provides logistics and transport support solutions, exploiting the global growth demand for transportation services. The Company's divisions include Freight Forwarding, Warehousing and Logistics and Transport Support Services. The Freight forwarding division provides international freight management services by road, air and sea. The Logistics and warehousing division consisting of palletized freight network in Romania, and further warehousing and port center logistics services in the United Kingdom. The Transport support services division delivering a one stop shop solution for transport companies in Romania, Serbia, Montenegro, Macedonia, and Bulgaria. The Company is also engaged in providing road freight logistics and services; sea freight services and sea freight logistics; air freight services; logistics and warehousing; e-commerce fulfilment and e-commerce warehousing, and port centric retail logistics.

Sector

Air Freight & Logistics

Calendar

2024-09-22 - Q2 2024 Earnings Release (Projected)

More about the company

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