Harworth owns and manages a portfolio of assets predominantly comprising modern industrial and logistics investment properties and strategic land holdings, located principally in the North of England and the Midlands. on the prior financial year. Peel says the offer would provide Harworth shareholders with certainty of value in cash at a significant premium of 36.9% to the volume-weighted average price over the last one-month period and 36.0% to last three-month average. Peel further argues that Harworth's highly concentrated shareholder register impacts its share liquidity and limits growth. The largest three shareholders own approximately 75.7% of Harworth's share capital.