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GRIT Investment Trust plc announced on 9 July 2026 the termination of its potential reverse takeover acquisition of Nabirm Global LLC, referenced in an earlier announcement on 14 August 2025. The company's board is now considering its plans, which include a possible alternative acquisition in the resources sector. Trading in GRIT's securities remains suspended on the Official List.
| Date | 9 Jul 2026 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 5976L |
9 July 2026
GRIT Investment Trust plc
("GRIT" or "the Company")
Termination of potential reverse transaction
Further to the announcement of 14 August 2025, GRIT announces that the Company has terminated its potential acquisition of Nabirm Global LLC through a reverse takeover ("RTO").
The Company's board are now considering its plans for the Company which include a possible alternative acquisition in the resources sector and will make a further announcement as soon as it has decided how best to proceed.
In the meantime, trading in the Company's securities remains suspended on the Official List.
Enquiries:
GRIT Investment Trust plc
Tel: +44 (0) 7469 896 677
AlbR Capital Limited (Corporate Broker)
Tel: +44 (0) 207 469 0930
Beaumont Cornish Limited (Financial Adviser)
Tel: +44 (0) 207 628 3396