Termination of potential reverse takeover

Summary by AI BETAClose X

GRIT Investment Trust plc has terminated its potential reverse takeover acquisition of Nabirm Global LLC, as previously announced on 14 August 2025. The company's board is now evaluating its future plans, which may include an alternative acquisition within the resources sector, and will provide a further update once a decision is made. Trading in GRIT's securities remains suspended on the Official List.

Disclaimer*

GRIT Investment Trust PLC
09 July 2026
 

9 July 2026

GRIT Investment Trust plc

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("GRIT" or "the Company")

Termination of potential reverse transaction

 

Further to the announcement of 14 August 2025, GRIT announces that the Company has terminated its potential acquisition of Nabirm Global LLC through a reverse takeover ("RTO").                                                                                                                                                                                               

The Company's board are now considering its plans for the Company which include a possible alternative acquisition in the resources sector and will make a further announcement as soon as it has decided how best to proceed.

In the meantime, trading in the Company's securities remains suspended on the Official List.

Enquiries:

GRIT Investment Trust plc

Tel: +44 (0) 7469 896 677

 

AlbR Capital Limited (Corporate Broker)

Tel: +44 (0) 207 469 0930

 

Beaumont Cornish Limited (Financial Adviser)

Tel: +44 (0) 207 628 3396

 

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GRIT Investment Trust (GRIT)
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