Angel News

Angel News

Back to Homepage

11th December 2018

Seedrs portfolio company Oppo Brothers acquisition by HP Wild

Seedrs, Europe’s leading equity investment  platform, announces that shareholders of portfolio company Oppo Brothers have received an offer to buyout all of their shares.

Seedrs investors have invested over £1.1 million into Oppo over the course of three rounds. The buyout offer will see investors receive £6.15 per share, which represents a significant profit for all of them:

  • Seedrs investors who invested in Oppo in their 2015 round did so at a price of £1.414 per share, meaning that they will earn a 4.35x return on their investment. This goes up to 6.21x, and no CGT to pay, for those who were able to take advantage of EIS tax reliefs.
  • Oppo raised a second round through Seedrs in 2016 at £2.85 per share, so this offer represents at 2.16x return (3.08x, and no CGT to pay, after tax reliefs) for them.
  • Seedrs investors also invested in an Oppo convertible instrument in 2017, and they will receive a 1.5x return on their investment.

Register now to read full story

In order to read the full story we need you to register with us, please click the link below:

Register Now

Add a comment:




Enter the characters in the image shown:

Back to Homepage