IN BRIEF: Tissue Regenix contacts firms as it considers possible sale

Alliance News

Tissue Regenix Group PLC - Leeds, England-based regenerative medical devices company - In response to press reports, say that it is conducting a review of strategic options, which may include soliciting offers for Tissue Regenix. Accordingly, the firm has contacted a limited number of potential counterparties to assess whether they could put forward a proposal "that would deliver greater value to Tissue Regenix's shareholders than pursuing a standalone independent strategy". Says it has not received any indicative non-binding proposals to date, and says there can be no certainty any offer will be made.

Current stock price: 61.67 pence

12-month change: up 10%

By Holly Beveridge, Alliance News senior reporter

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