Marlowe (GB:MRL) has released an update.
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Marlowe PLC has announced its intent to demerge its Occupational Health division into a new independent company, Optima Health, which will be listed on the AIM market of the London Stock Exchange. This strategic move is aimed at allowing both Marlowe and Optima Health to concentrate on their core markets and maximize shareholder value, with Marlowe focusing on its market-leading Testing, Inspection, and Certification (TIC) business. Shareholders of Marlowe will receive shares in Optima Health in a dividend in specie, reflecting a one-to-one ratio based on their existing shareholdings.
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