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NXS Nexus Man

0.085
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nexus Man LSE:NXS London Ordinary Share GB0030379423 ORD 0.25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.085 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.085 GBX

Nexus Management (NXS) Latest News

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Nexus Management (NXS) Discussions and Chat

Nexus Management (NXS) Most Recent Trades

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Nexus Management (NXS) Top Chat Posts

Top Posts
Posted at 15/10/2013 19:06 by opsmermaid
Thanks for the reply Jammytass. I have no idea how to do that as I bought these shares, foolishly, a few years ago on a cold call telephone conversation spending nearly £3,000.00 and have really heard nothing since other than a yearly update from The Share Centre. Looking at my last update from them now this evening, properly for the first time, it would appear that "I" have bought 1,000 shares at 28.5 and worth a total of £285 as of 5 Apr 2013!! Does that appear to be correct / reasonable interpretation of the situation.
Posted at 30/11/2012 15:24 by sweepie2
Crazy, this time last week NXS was valued at double the price on its own compared with the two combined companies, any reason or just disgruntled NXS shs taking advantage og f the improved liquidity?
Posted at 27/11/2012 14:23 by sweepie2
Starting off where NXS finished
Posted at 26/11/2012 11:34 by sweepie2
Getting to the finals of the Reseller of the year 2012 should be viewed as a positive, you can only hope that they will be different from NXS from now on.
News on that they have been able to keep NXS biggest customer would be a good start.
Posted at 26/11/2012 11:05 by sweepie2
Could somebody who knows how to set up new threads, set one up for Enables IT epic code EIT as NXS is dead, long live EIT. Lets hope the journey is better than the last one LOL
Posted at 26/11/2012 09:41 by brando69
Is Barney Battles a real person? He sounds like a character off one of the programmes my 3 year old daughter watches on CBeebies.

Perhaps that's where NXS recruit for their executive positions?
Posted at 26/11/2012 09:40 by brando69
NXS still in business then?
Posted at 26/11/2012 09:38 by sweepie2
Bishoppawn was here a long time before Barney Battles became a director, his endless support of NXS means that his words carry no weight as he has always been wrong about NXS. I woke up and smelt the coffee and I suggest he should do the same
Posted at 30/10/2012 07:30 by b1naries
Nexus Management Plc, the AIM quoted provider of specialist IT Managed
Services, announces that it has entered into conditional agreements to acquire
the entire issued share capital of Enables, a company which operates in the IT
Managed Services sector. The consideration for the acquisition is approximately
£4.25 million, which will be satisfied by the issue of 11,798,475 New Ordinary
Shares (representing approximately 74.47 per cent. of the Enlarged Issued Share
Capital of the Company).

Following Admission and the implementation of the Proposals, the Concert Party,
comprising of Michael Walliss, Erica Walliss, Martin Bradburn and Marcus Yeoman
will hold interests in Ordinary Shares in excess of 30 per cent. of the
Enlarged Issued Share Capital and would normally incur an obligation, under
Rule 9 of the City Code, to make a general offer to the Shareholders. However,
subject to the approval of Shareholders on a poll at the General Meeting, the
Panel has agreed to waive this obligation.

In addition, it is proposed to effect a Capital Reorganisation on the basis of
the following two steps:

1. The Existing Ordinary Shares in Nexus will be consolidated by a ratio of
300 to 1. Following this step the resulting ordinary shares in Nexus will
have a nominal value of £0.75.

2. Each resulting ordinary share of £0.75 will then be sub-divided and
re-designated into 1 New Ordinary Share of nominal value £0.01 and 1
Deferred Share of nominal value £0.74.

On Admission, it is proposed that Marcus Hanke will resign as a director of the
Company, Martin Bradburn will join the board of the Company and Mark Barney
Battles will become Non-Executive Chairman. Further details of the Directors
and the Proposed Director of the Company are set out below.

Completion of the Acquisition is conditional, inter alia, on the passing of the
Resolutions and Admission becoming effective by not later than 30 December
2012. A General Meeting has been convened for 10.00 a.m. on 23 November 2012
for the purpose of considering and, if thought fit, passing the Resolutions.
Subject to the conditions being satisfied, completion is expected to take place
upon Admission.

Application will be made to the London Stock Exchange for the Enlarged Issued
Share Capital to be admitted to trading on AIM. The AIM Admission Document,
which comprises a circular to Shareholders and notice of the General Meeting,
will be posted to Shareholders and will be available from the Company's
website, www.nexusmanagementplc.com later today. It is expected that Admission
will become effective and that dealings in the Enlarged Issued Share Capital
will commence on 26 November 2012.

Commenting on the transaction, M Barney Battles, Executive Chairman of Nexus
Management plc and proposed non-executive Chairman of Enables IT Group plc,
said:

"We believe that Nexus's existing foothold in the US markets will offer an
ideal opportunity for Enables to cross sell into this substantial and lucrative
market. In addition, we believe that the Enlarged Group will benefit from a
significant increase in the critical mass of the UK business which, with the
broader client base, will de-risk the US focus of the business and will offer
further cross selling opportunities. The added strength to the management team
following completion of the transaction should allow for increased leverage of
the business through both organic and acquisitive growth."
Posted at 06/9/2012 16:55 by sweepie2
Am I reading right that they want sellers as it does look weird dropping the share price when the biggest buy for several weeks or even months has just gone through.
Very strange behaviour but that has been true of NXS for quite awhile, anybody wish to comment?
Nexus Management share price data is direct from the London Stock Exchange

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