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Silverwood Brands PLC - London-based investing company targeting food, organic food, wellness, lifestyle and leisure sectors - Says it has filed its acknowledgement of service and has mutually agreed with Lush Cosmetics Ltd and Cosmetic Warriors Ltd an extension to serve its defence by September 21.
In February, Silverwood said Lush refused to record the transfer of Silverwood shares as part of its £216.8 million acquisition for the two companies. Lush is a manufacturer and seller of handmade skincare goods and cosmetic products, operating retail outlets in 48 countries and manufacturing in six countries.
Current stock price: 60.00 pence
12-month change: down 14%
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