Veris shares rise by 33% as unnamed third party carries out due diligence

SHARES in Veris — the Dublin-headquartered commercial property and facilities management group — rose by 33% yesterday.

Veris shares rise by 33% as unnamed third party carries out due diligence

The move came after the company granted permission to an unnamed interested party to carry out due diligence on the business, in advance of a possible takeover offer being made for the group.

Earlier this month, Veris — whose main Irish assets are the Irish Estates property management company and the Vector facilities management brand — said that it would be providing an update on its strategic review and future ownership at its annual general meeting in August.

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