Shareholders are referred to the cautionary announcement released on SENS on 23 February 2016 (and the subsequent renewal of this announcement), in which Aveng shareholders were advised of various non-binding offers received from numerous parties to acquire from, or partner with Aveng on, either the entire Steel operating group or certain of its individual business units.
Confidential discussions with regards to the above are ongoing. In addition, as mentioned in the interim results announcement on 23 February 2016, management is progressing with the other strategic initiatives as detailed in the aforementioned results announcements. Therefore shareholders are advised to continue to exercise caution when dealing in their Aveng securities. Click Here for the full SENS feed