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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Octopus T. 4 | LSE:OTV4 | London | Ordinary Share | GB00B5467F20 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 92.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOTV4 Octopus Titan VCT 1 Plc Octopus Titan VCT 2 Plc Octopus Titan VCT 3 Plc Octopus Titan VCT 4 Plc Octopus Titan VCT 5 Plc Together "the Companies" 25 June 2014 Possible merger between Octopus Titan VCT 1 Plc, Octopus Titan VCT 2 Plc, Octopus Titan VCT 3 Plc, Octopus Titan VCT 4 Plc and Octopus Titan VCT 5 Plc ("Companies") The board of directors of the Companies announce that they have entered into discussions regarding a possible merger of the Companies ("Merger"). These discussions may or may not lead to an agreement to merge the Companies. If the Merger is to proceed the current intention is that it will proceed by way of a scheme of reconstruction under the Insolvency Act 1986 which, on this basis, would be outside the provisions of The City Code on Takeovers and Mergers. If the Merger proceeds it would be expected to achieve cost savings through the establishment of one enlarged VCT with net assets of approximately GBP160 million. Following completion of the Merger, it is proposed to launch an offer for subscription to raise up to GBP50 million with an overallotment facility of a further GBP20 million. A further announcement will be made in due course. For additional information, please contact: Patricia Standaloft Company Secretary 0207 710 6471 This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Octopus Titan VCT 4 PLC via Globenewswire HUG#1802235 http://www.octopusinvestments.com
1 Year Octopus T. 4 Chart |
1 Month Octopus T. 4 Chart |
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