Lighthouse asks shareholders to vote on £42m Intrinsic cash offer

Needs 75% of shareholder value to pass

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Lighthouse asks shareholders to vote on £42m Intrinsic cash offer

Financial advice firm Lighthouse has put Intrinsic's £42m cash offer to buy the firm to a shareholder vote

For the deal to go through it will require at least 75% of the shareholder value present at the meeting to vote in favour of the offer. The acquisition, Lighthouse said, is expected to be effected through a Court-sanctioned scheme of an arrangement between the firm and Lighthouse Scheme Shareholders. The firm added: "It is important that, for the Court Meeting, as many votes as possible are cast so that the court may be satisfied that there is a fair and reasonable representation of Lighthouse...

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