National World PLC ( (GB:NWOR) ) has issued an update.
National World PLC has announced the results of its latest Court Meeting and General Meeting, which were held to discuss the acquisition of the company by Neo Media Publishing Limited. The acquisition proposal, which involves re-registering National World as a private company, was approved by the majority of shareholders, with over 75% voting in favor. This move is part of a strategic acquisition by Media Concierge, aiming to consolidate its position in the media industry. The scheme is expected to become effective on March 10, 2025, after which National World will be delisted from the London Stock Exchange, marking a significant change in its market presence.
More about National World PLC
National World PLC is a company involved in the media and publishing industry. It focuses on providing news and information services, potentially through digital and print platforms. The company is now undergoing a significant transition in its corporate structure and ownership.
YTD Price Performance: 1.79%
Average Trading Volume: 441,782
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £60.76M
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