Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Helium Ventures PLC on Monday said due diligence for the acquisition of tracking software product provider Vestigo Technologies Ltd has almost been sealed, and the investment company added that it plans to depart from the Aquis Exchange.
Helium said final terms of its deal to acquire Trackimo owner Vestigo will be agreed ‘shortly’. Helium in October said the deal will be funded through the issue of shares worth £1.7 million.
‘The outlook and timing for the proposed acquisition is subject to the completion of the remaining due diligence, shareholder approval, and successful admission of the company‘