Locality Planning Energy Holdings Limited (AU:LPE) has released an update.
Locality Planning Energy Holdings Ltd (LPE) has issued a target’s statement advising shareholders to reject an off-market takeover bid by River Capital. The statement, which details the reasons for the board’s unanimous recommendation, has been distributed to shareholders via email or letter, depending on their communication preference. LPE, an innovative electricity provider for strata communities in Queensland, remains committed to delivering renewable solutions and creating value for shareholders.
For further insights into AU:LPE stock, check out TipRanks’ Stock Analysis page.
