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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Idmos | LSE:IDO | London | Ordinary Share | GB00B035JB54 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5048S IDMoS plc 16 April 2008 16 April 2008 IDMoS plc Offer talks terminated, appointment of Administrator, update on financial position of the Company and resignation of Nomura Code Securities Limited as the Company's nominated advisor IDMoS plc (AIM: IDO) ('IDMoS' or the 'Company') Further to the announcement by IDMoS on 8 February that it was contemplating a range of transactions including an offer for the entire share capital of the Company and the confirmation on 20 February that the Board were actively pursuing all opportunities including seeking buyers for the entire issued share capital of the Company, the Board of IDMoS confirms that the parties have been unable to reach agreement and that offer discussions have now been terminated. As a result, the board has taken advice and no longer believes that the Company is in a position to continue its commercial operations. Colin Dempster and Andrew Davison of Ernst & Young LLP, were today (April 16, 2008), appointed Joint Administrators of the Company and they will now seek to find a buyer for the business and assets including the Cariescan product and underlying technology. The Company's Nominated Advisor, Nomura Code Securities Limited has terminated its existing contract with the Company, effective today. For further information please call: Press Enquiries Dee Campbell, Ernst & Young LLP Media 0131 777 2382 / 07816 761 240 Relations Interested Party Enquiries Euan Campbell, Ernst & Young LLP 0141 626 5574 / 07917 174 022 This information is provided by RNS The company news service from the London Stock Exchange END MSCFGGMDVVZGRZM
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