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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Universal Coal | LSE:UCL | London | Ordinary Share | GB00B0704D34 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0992C United Clearing plc 27 April 2006 United Clearing Plc (the "Company") Exercise of Options and Directors' Shareholdings United Clearing Plc, the provider of support services to the cellular industry, announces that on 12 April 2006, pursuant to the exercise of options held by each of the Directors, the Company issued new ordinary shares in the amounts set out next to each Director's name in column 2 of the table below (the "Option Shares"). Following this, each Director held that number of ordinary shares in the Company, representing the percentages indicated in column 3 of the fully diluted issued share capital of the Company. Previously, in accordance with the terms of an irrevocable undertaking ("Irrevocable Undertaking") given by each Director to Billing Services Group Limited ("BSG") in connection with the Offer (as defined below), each Director had accepted the Offer in respect of all of the then issued ordinary shares held in his/her name and such shares had been acquired by BSG in consideration of the allotment and issue of shares in BSG. Director Option Shares/Total shares held % shareholding Helena Sundberg 117,647 0.006 Jay Bharvada 117,647 0.006 Atul Devani 117,647 0.006 Kirit Ruparelia 117,647 0.006 Michael van Klink 116,993 0.006 Peter Carpenter 61,412 0.003 Immediately after the issue of the Option Shares, in accordance with the terms of the Irrevocable Undertaking, each Director then immediately accepted the Offer in respect of the Option Shares issued to him or her such that all of the Option Shares have now been acquired by BSG in consideration of the allotment and issue of shares in BSG. Application has been made for the cancellation of admission of the Company's shares with effect from the opening of business on 18 May. Accordingly no application for admission to trading of the new ordinary shares the subject of the options has been made. In this announcement, the "Offer" means the recommended offer of 20 January 2006 made by Evolution Securities Limited on behalf of BSG for all of the Company's issued and to be issued share capital on the terms and conditions of the Offer document published on 20 January 2006. For further information please contact: United Clearing Plc Atul Devani, CEO 020 7608 8000 Seymour Pierce Limited Mark Percy 020 7107 8000 This information is provided by RNS The company news service from the London Stock Exchange END RDSIRMBTMMTTBLF
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