$4.66 ... up 24%
The Board of Adriatic Metals plc notes the recent press speculation and confirms it is in discussions with Dundee Precious Metals Inc. regarding a possible offer for the entire issued and to be issued ordinary share capital of the Company.
To facilitate such discussions, Adriatic has agreed to provide Dundee with access to limited due diligence information. Discussions remain ongoing and there can be no certainty that any firm offer will be made, nor as to the terms of any such offer. Further announcements will be made in due course, as appropriate. In the meantime, the Company's shareholders are advised to take no action.