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IN BRIEF: Judges Scientific now sole owner of Bordeaux Acquisition

ALN

Judges Scientific PLC - London-based scientific-instrument acquisition company - Acquires remaining minority interest in its majority-owned subsidiary, Bordeaux Acquisition Ltd, for £2.1 million. Company now holds 100% of Bordeaux. The consideration will be settled through of 29,197 shares at an issue price of £68.50 per share.

In 2021, Bordeaux generated £2.7 million in adjusted earnings before interest and tax.

Current stock price: 6,805.00 pence, down 0.8% on Monday

12-month change: up 15%

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