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worldchoice sees share take-up

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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