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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:6056N IDMoS plc 08 February 2008 For Immediate Release 8th February 2008 IDMoS plc (the "Company") IDMoS plc (AIM: IDO) ('IDMoS' or the 'Group'), the specialist in disease detection and monitoring technology, announces that market take up of its products has been lower than expected in recent weeks, due in part to limited commercialisation resources, and as a result the Directors expect the performance of the business to fall significantly short of the market's current expectations.. As a result the Company and its advisors have determined not to proceed with the planned issue of 6.6 million shares to raise approximately £1.54 million net of expenses as announced on 14th January 2008. Accordingly it is the intention to withdraw the resolution from its planned extraordinary general meeting scheduled for 11am today. The Company is actively exploring other options for financing its working capital requirements including a potential combination with a profitable, privately held company with whom it has entered into serious early stage discussions. A further announcement will be made in due course. For further information please contact: IDMoS plc 01382 598440 John Pool, Executive Chairman Graham Lay, Chief Executive Officer Buchanan Communications Tim Anderson +44 (0)207 466 5000 James Montgomerie +44 (0)131 225 9864 This information is provided by RNS The company news service from the London Stock Exchange END REGFKFKNKBKDNBK
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