Hancock & Gore Finalizes Asset Acquisition Terms with H&G High Conviction

The latest announcement is out from Hancock & Gore Limited ( (AU:HNG) ).

Hancock & Gore Limited has finalized the cash retention amount for the acquisition of H&G High Conviction Limited’s assets at $300,000, with 63,688,260 consideration shares to be issued as part of the transaction. This strategic acquisition, set to complete on 17 April 2025, is expected to enhance H&G’s investment portfolio and strengthen its market position, potentially benefiting stakeholders through improved operational capabilities.

More about Hancock & Gore Limited

Hancock & Gore is a diversified investment company focused on delivering superior long-term investment returns to shareholders. It manages a portfolio of operating investments led by strong business managers and emphasizes a return-focused balance sheet. Its key asset is the wholly owned combined school wear business of Mountcastle and Schoolblazer, which holds segment leadership positions in the UK, Australia, and New Zealand.

YTD Price Performance: -17.24%

Average Trading Volume: 117,175

Technical Sentiment Signal: Buy

Current Market Cap: A$115.3M

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