ShareProphets : keywords

BUMP

PREMIUM CONTENT

Seraphine – recommended offer by the robber barons of Mayfair Equity Partners, another London Stock Exchange covid-era disgrace

An announcement from maternity and nursing wear group Seraphine (BUMP) that its “independent directors are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by… a wholly-owned indirect subsidiary of funds managed by Mayfair Equity Partners LLP”. It states this including with that the 30p per share, £15.3 million, offer “represents a premium of approximately… 206 per cent to the closing price per Seraphine share of 9.8 pence on 19 January 2023”. However, the group only listed in July 2021… at 295p per share! And that was with a controlling shareholder… Mayfair Equity Partners!

Subscribe to ShareProphets to access Premium Content

By Steve Moore & Tom Winnifrith
249 days ago

BUMP

Seraphine – BUMP’s shareholders with a warning on trading…having only listed in July! IPO roll-call of shame...

A “Trading Statement” announcement from Seraphine Group (BUMP), a maternity and nursing wear company which only listed on 16th July. Should be fine then, a mere just over 2 months since listing…