Mar 27, 2026, 6:00 AMproactiveinvestors.co.ukHGRVF
Hargreaves Services launches £20 million tender offer at 16% premium
Company announcementsFinancial reports
Hargreaves Services Plc (AIM:HSP, OTC:HGRVF) the AIM-listed environmental services group, saw its shares jump 8% after it launched a tender offer to return up to £20 million to shareholders at 850 pence per share, a premium of 16% to Thursday's closing price of 730 pence. The offer has been increased from the £15 million figure flagged in the company's interim results in January, when the 850 pence price also represents a premium of 26.9% to the 670 pence closing price on the day before that announcement.