Parkmead Group (The) Plc To Acquire The entire Share Capital Of Pitreadie Farm Limited

  • Aug 30, 2019 BST
  • Team Kalkine

Parkmead Group (The) PLC (AIM: PMG), has signed a share purchase agreement to acquire the entire issued share capital of Pitreadie Farm Limited, a company with significant renewable energy potential. The acquisition which broadens Parkmead's operations, comprises £4.9 million payable in new 9,645,669 Parkmead ordinary shares of 1.5 pence each.

On 30th August 2019, at the time of writing, GMT 08:06 AM, PMG shares were trading at GBX 46.10, down by 4.70 points or 9.25% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK