17 March 2020 – recommended cash offer
Motorola Solutions has made a recommended cash offer of 405p per share in cash for the company. This values the entire issued and to be issued share capital of IndigoVision at approximately £30.4m. It represents a premium of approximately 129% to the closing price of 177p per share on the day before the offer was announced. This news will come as a very welcome development for shareholders given the current situation with world markets. The offer is very attractive in the circumstances and there is little reason not to ACCEPT THE OFFER.