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.