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Rockpool Acquisitions Plc ( (GB:ROC) ) has provided an announcement.
Rockpool Acquisitions Plc has signed a Heads of Agreement for a potential acquisition of European Lingerie Group AB, marking a strategic move from a SPAC to a trading company. This acquisition is expected to enhance shareholder value and expand market reach, with plans for a readmission to the UK’s Official List and fundraising activities to support new business initiatives.
More about Rockpool Acquisitions Plc
Rockpool Acquisitions Plc is a Special Purpose Acquisition Company (SPAC) listed on the London Stock Exchange. It aims to transform into a profitable trading enterprise through acquisitions. European Lingerie Group AB is a vertically-integrated intimate apparel group with a long history, known for its brands like Felina, Senselle, and Conturelle. Headquartered in Germany, it operates in various markets and manufactures garments and fabrics.
YTD Price Performance: -38.44%
Average Trading Volume: 64,914
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £362.7K
Find detailed analytics on ROC stock on TipRanks’ Stock Analysis page.