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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Biocare | LSE:BSN | London | Ordinary Share | GB00B1528F83 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5093G Bright Station PLC 6 July 2001 6 July 2001 BRIGHT STATION PLC (the 'Company') Results of the EGM and change of name Results of the Placing and Open Offer Resignation and appointment of directors Results of the EGM and change of name At the Extraordinary General Meeting held today all resolutions set out in the prospectus sent to shareholders on 13 June 2001, including those relating to the Placing and Open Offer, were passed. As a result, the Company's name has been changed to Smartlogik Group plc (' Smartlogik') with effect from 6 July 2001, and the Company benefits from a #12 million cash injection to take its business forward. The Company's trading symbols will change to SLK for the London Stock Exchange and SLGK for NASDAQ effective from 9 July 2001. Stephen Hill, CEO of Smartlogik Group plc, said: "We are delighted that the shareholders have overwhelmingly supported the resolutions. I would like to thank our existing shareholders for their continued support and welcome our new institutional shareholders. Their investment in Smartlogik is a significant vote of confidence both in the strength of our solutions and the future of our company in the fast growing knowledge management sector. "I would also like to thank our customers for supporting us during this difficult time. We can now proceed with the business of enabling them to unlock the value of their information, which will in turn deliver real value to our shareholders." Placing and Open Offer The Board of Smartlogik announces that the Open Offer to Qualifying Shareholders of Smartlogik of up to 138,661,969 New Ordinary Shares at 5 pence per share, announced on 13 June 2001, closed at 3.00 p.m. on Thursday 5 July 2001. Valid applications have been received for a total of 63,812,875 New Ordinary Shares under the Open Offer. The remaining 74,849,094 New Ordinary Shares will be taken up by placees pursuant to the Placing Agreement. The Placing and Open Offer remains conditional on the admission of the New Ordinary Shares to listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange. Application has been made for the New Ordinary Shares to be admitted to listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities and it is expected that admission to the Official List and dealings on the London Stock Exchange will become effective on 9 July 2001. Resignation and Appointment of Directors As indicated in the prospectus sent to shareholders on 13 June 2001, Dan Wagner, David Mattey, Allen Thomas, Patrick Sommers and Ian Barton have resigned as directors of the Company, subject to Completion of the Proposals, expected to take effect on 9 July 2001. David Jefferies (Non-executive Chairman), Stephen Hill (Chief Executive Officer), Simon Canham (Chief Financial Officer) and James Bair (Non-executive Director) have been appointed as directors of the Company, subject to Completion of the Proposals, expected to take effect on 9 July 2001, and Mr. Robert Lomnitz, appointed a director of the Company by the Board on 22 December 2000, has been reappointed a director. Enquiries: For further information, please contact: Smartlogik 020 7930 6900 David Jefferies Stephen Hill Bright Station 020 7930 6900 Allen Thomas PricewaterhouseCoopers 020 7212 4118 Simon Boadle Hoare Govett 020 7678 1792 Andrew Chapman Andrew Foster Hogarth Partnership 020 7357 6477 John Olsen James Longfield The Directors of Smartlogik accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure that such is the case) the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. All terms used in this announcement should be understood as defined in the prospectus sent to shareholders on 13 June 2001.
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