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On 19 October 2023, the Directors of Oryx International Growth Fund Limited noted the proposed acquisition of OnTheMarket Plc by CoStar UK Limited. The offer price is 110 pence per share, representing an 80% premium to OnTheMarket Plc's 29th September 2023 share price. This is stated to add circa £2.2 million (approximately 16p per share) to the Fund's 30th September 2023 NAV and return £4.95 million in cash.
| Date | 19 Oct 2023 |
| Time | 09:00:21 |
| Category | Corporate updates |
| ID | 6704Q |
19 October 2023
Oryx International Growth Fund Limited
The Directors of Oryx International Growth Fund Limited (the ''Fund'') are pleased to note the proposed acquisition by CoStar UK Limited of OnTheMarket Plc for 110 pence per share. The offer price represents a premium of 80% to the 29th September 2023 share price and will add circa £2.2 million (approximately 16p per share) to the Fund's 30th September 2023 NAV, and return £4.95 million in cash.
Enquiries:
Sharon Williams
BNP Paribas S.A., Guernsey Branch
Tel: 01481 750850