Vox Capital has reversed into standard list shell Vertu Capital Ltd to form Vox Valor Capital Ltd (LON: VOX) and trading recommenced on 31 October.
Vertu Capital floated on 19 January 2015, so it took nearly seven years to secure a transaction. The initial approach from Vox Capital, founded in 2020, was in 2021. The initial term sheet was signed in June 2021.
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Vertu Capital issued 2.2 million shares at 1.2p each to acquire Vox Capital, which equates to 93.9% of the enlarged share capital. Vector Vox Capital (www.voxvalor.com) is capitalised at £28.4m at the issue price. However, the shar...
