Will Sunningdale minorities seize the chance to stay invested as the company goes private?

WHEN I first saw the headlines about precision plastic components maker Sunningdale Tech being taken private, I thought we were headed for another round of handwringing about the future of the local stock market being threatened by delistings.

Then, I read the lengthy announcement of the deal and realised this was a somewhat different story.

Sunningdale may well be on its way to being delisted, and that will probably not be positive for the vibrancy of the local market. But Sunningdale's minority shareholders are being offered the opportunity to remain invested in the company after it goes private.