Giles offer for CBG Group “unconditional”

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On Thursday 24 August the offer was extended until 31 August however it is now open for acceptance until further notice.

According to a report by moneyam.com, Giles said it had received valid acceptances in respect of 13,775,272 CBG shares - 86.75% of the issued share capital.

Giles' offer for CGB was originally outlined in July with a price per share of 32p which at the time represented a premium of over 50% to the listed price.

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