Gresham House Energy Storage Invites Offers for Entire Share Capital
The company said it would invite offers for its approximately 569.1 million ordinary shares, reversing its September 15 position. Its stock rose 7.5% to 102p in afternoon trading.
The stock was up 7.5% at 102p in afternoon trading after the company said it would invite offers for its entire issued share capital, comprising approximately 569.1m ordinary shares.The decision marks a significant U-turn from the board's position on 15 September, when it rejected calls for a sale…