REG issued a statement saying: “The Board notes the recent movements in Renewable Energy Generation's share price. It confirms that the company is in discussions regarding a possible offer for the entire issued share capital of the company.”
“Discussions are at a preliminary stage and there can be no certainty that any offer will be made,” REG adds.
REG’s share price fell below its net asset value in recent weeks - but from hobbling along at around 30-35 pence per share it bounced up at the end of last week to its current level of 52.5
