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LPE Urges Shareholders to Reject Takeover Bid
Company Announcements

LPE Urges Shareholders to Reject Takeover Bid

Locality Planning Energy Holdings Limited (AU:LPE) has released an update.

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Locality Planning Energy Holdings Limited (LPE) has issued a fourth supplementary statement advising shareholders to reject the off-market takeover bid by River Capital. The statement includes an update and reiterates the board’s unanimous recommendation that shareholders take no action to refuse the offer. LPE, a progressive electricity provider focusing on innovative renewable solutions for strata communities, has sent the statement to the necessary regulatory bodies and River Capital.

For further insights into AU:LPE stock, check out TipRanks’ Stock Analysis page.

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