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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Taylor Nelson | LSE:TNS | London | Ordinary Share | GB0001915395 | 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% | 239.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
26 November 2008 Taylor Nelson Sofres plc ("TNS") De-listing of TNS shares and cancellation of interim dividend Further to the announcement by WPP Group plc ("WPP") on 12 November 2008, the ordinary shares of 5 pence each in the capital of TNS ("TNS Shares") have now been cancelled from the Official List and have ceased to be admitted to trading on the London Stock Exchange, both with effect from 8.00 a.m. (London time) this morning. TNS also announces that the proposed interim dividend of 2.0 pence per TNS Share, which was announced on 27 August 2008 as being payable on 8 December 2008, will not now be paid. Under the terms of the offer announced by WPP on 9 July 2008 (the "Offer"), and as set out in WPP's offer document dated 1 August 2008, TNS Shares acquired by WPP pursuant to the Offer included the right to receive and retain any dividend declared, made or paid by TNS after the date of the offer announcement. Valid acceptances of the Offer, which is unconditional in all respects, have now been received by WPP in respect of 98.28 per cent. of the TNS Shares to which the Offer relates. As previously announced by WPP, WPP is exercising its rights pursuant to the provisions of Part 28 of the Companies Act 2006 to acquire compulsorily any remaining TNS Shares in respect of which acceptances have not been received, on the same terms as the Offer. END
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