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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Genetix Grp | LSE:GTX | London | Ordinary Share | GB0001276863 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 84.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGTX RNS Number : 3742F Genetix Group PLC 12 January 2010 Genetix Group plc Proposed cancellation of Ordinary Shares to AIM London, UK, 12 January 2010: The Board of Genetix Group plc ("Genetix" or "the Company") today announces that it has applied to cancel the trading of its ordinary shares on AIM (the "Cancellation"). This follows the announcement on 11 January by Danaher Corporation that the recommended all cash offer (the "Offer") made by Launchange Limited (a wholly-owned subsidiary of Danaher Corporation) has been declared wholly unconditional and that as at 1.00 p.m. on 8 January 2010, Launchchange Limited owned or had received acceptances in respect of a total of 70,193,960 Genetix Shares representing approximately 97 per cent. of the issued share capital of Genetix to which the Offer relates. Following the Cancellation, Genetix Shares will have significantly reduced liquidity and marketability and Launchchange intends to procure that Genetix re-registers from a public limited company to a private limited company. It is anticipated that the Cancellation will take effect at 7.00 a.m. on 9 February 2010. Enquiries: +----------------------------------------------+-------------------------+ | Genetix Group plc | 01425 624 700 | | Charles de Rohan | | | Chief Executive Officer | | | Andrew Kellett | | | Chief Financial Officer | | | | | +----------------------------------------------+-------------------------+ | Piper Jaffray Ltd. | 020 3142 8700 | | Neil Mackison | | | Tom Rider | | | Graeme Smethurst | | +----------------------------------------------+-------------------------+ This information is provided by RNS The company news service from the London Stock Exchange END MSCLLFSDLDILLII
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