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worldchoice sees share take-up

(31 August 2001)

WORLDCHOICE is confident it will see a high take-up of shares following a surge in interest from agents in the past week.

The consortium hopes it will raise a minimum of £800,000 from the shareholder scheme in order to buy shops and open Greenfield sites. The deadline for agents to take out shares in Worldchoice is September 4.

Commercial director Keith Wilson said: “We had a number of members who responded straight away, then it went quiet, and in the last week they really started to flow in.”

He added that the group was now in talks to buy 28 of its members’ shops, although this may only lead to 14 actual acquisitions.

 

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