Source - Alliance News
Pantheon International PLC - private equity investment trust - Says it will launch a tender offer for up to £150 million at a price between 280 pence and 315 pence per share, in 2.5p increments. Says the tender offer, which will close on October 17, is part of its intention to invest £200 million in its portfolio, announced in May. Says shareholders who do not tender their shares will benefit from net asset value accretion.
Current stock price: 299.00p each, up 2.1% on Monday morning in London
12-month change: up 17%
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