Empire Technology has announced its intention to make a partial takeover offer for 50.01% of Vital.
The offer is being made under Rule 41 of the Takeovers Code and replaces Empire's previous takeover notice.
The terms of the proposed offer, including the required information and a signed certificate, have been attached to the takeover notice.
Empire has also requested targeted confirmatory due diligence information from Vital.
If the offer proceeds, it will be on the same terms and conditions as the takeover notice, with any necessary modifications.
Empire stated that it wishes to cooperate with Vital to finalise the due diligence in the interest of all shareholders.
No further details were provided in the announcement.
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