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TEAM presses on with Tavistock engagement

By BFN News | 02:31 PM | Wednesday 07 April, 2021


Asset management group TEAM is continuing to engage with Tavistock Investment shareholders over a potential bid. Tavistock has rebuffed previous approaches, but TEAM executive chairman Mark Clubb said his company believed there was 'appetite for change amongst Tavistock shareholders'. TEAM said 14.6% of shareholders supported its approach. 'We are confident this figure will increase further reflecting their desire for the Tavistock board to engage with us and thereby enable us to make a formal offer for the company,' said Clubb. At 2:31pm: (LON:TAVI) Tavistock Investments Plc share price was 0p at 1.7p Story provided by StockMarketWire.com

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