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INA Inova

10.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inova LSE:INA London Ordinary Share GB00B120GQ23 ORD 4P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 10.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 10.00 GBX

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Date Time Title Posts
18/9/201211:25Iona Energy - TSX Listed - North Sea Oiler12
23/3/200718:33Inova Holdings PLC6
22/5/200108:58where has internetaction gone?2
25/4/200110:23Best Value Shell Company in London ?!42
12/3/200111:05any news on ina-

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Posted at 12/4/2012 14:50 by buy curious
Iona Energy Inc. ("Iona" or the "Company") (TSX VENTURE:INA) announced today that it has closed its previously announced public offering (the "Offering") of common shares for gross proceeds of CAD$92 million. A total of 184,000,000 common shares were sold, which includes shares issued on the exercise in full of a 15% over-allotment option granted to the agents retained by the Company for purposes of the Offering. The sale price of each share sold in connection with the Offering was $0.50.
Posted at 11/3/2012 20:22 by cash rich asset poor
Try this - looks like Ithaca II
Posted at 02/3/2007 13:47 by djalan
Is INA about to go bust ??

Looks well dodgy to me
Posted at 25/5/2006 08:43 by currypasty
Josef Kreidl, Inova's Chief Executive Officer, said:


"Inova's leading position in the global market for rugged embedded systems
provides us with an opportunity to achieve rapid and profitable growth in both
our core business and the emerging on-board infotainment market. We have a clear
strategy and strong management team, and the funds raised will enable us to
create substantial value for shareholders."


Details of the placing

Placing price 65 pence
Total number of new ordinary shares placed on behalf of the
Company 15,384,615
Total number of ordinary shares placed on behalf of selling nil
shareholders
Number of ordinary shares in issue following the placing 32,238,540
Percentage of enlarged issued share capital subject to the 47.7 per cent
placing
Gross proceeds of the placing to be received by the Company #10 million
Estimated net proceeds of the placing receivable by the #8.6 million
Company
Market capitalisation of the Company at the placing price #21 million

Daniel Stewart is the nominated adviser and broker to the Company.


CONTACTS

Inova: +49 8341 916 265
Josef Kreidl

Daniel Stewart +44 20 7776 6550
Ruari McGirr or Jonny Franklin-Adams

Bankside: +44 20 7367 8888
Simon Bloomfield or Steve Liebmann


INFORMATION ON INOVA

Established in 1997, Inova is a developer, manufacturer and distributor of
embedded computer systems, with particular expertise in systems for rugged
environments. From this base it has also developed an expanding Passenger
Infotainment business which provides information and entertainment systems on
public transport including trains, trams and buses. These systems are able to
provide a single solution for real time entertainment and news alongside
passenger information, on-board monitoring of systems and CCTV. The business
uses Inova's core embedded computers and technology as the basis of its system.

Inova is based in Germany with headquarters for Inova Computers GmbH (the
embedded computer business) in Kaufbeuren, Bavaria, and Inova Multimedia (the
on-board Passenger Infotainment business) in Hildesheim, near Hannover. The
Group also has offices in Austria, the USA, Switzerland, the UK and France.

The Group has established an international customer base with increasing sales
across both its embedded computing and Passenger Infotainment business segments.

For the year ended 31 December 2005, total revenues were Euro12.1 million (2004:
Euro11.2 million) including loss-making contracts acquired with the Robert Bosch
Multimedia content software business in 2002 (see below) and completed in 2004.
Excluding Robert Bosch Multimedia contracts, revenues in 2005 increased by 36%
to Euro12.1 million (2004: Euro8.9 million). As a result of a major cost cutting
programme and the elimination of loss-making contracts, pre-tax losses reduced
to Euro0.96 million in 2005 from Euro1.28 million for 2004 and the Company is now
trading profitably.

Inova's Strengths

The Directors believe that the Group has certain key strengths which make it an
attractive investment proposition. These include:

* well established market position and range of rugged integrated embedded
computer hardware developed over eight years, including software support;
* modular systems based on open systems ensuring that they have maximum
flexibility and compatibility with other systems;
* Inova's reputation and profile enhanced by developing the new open
standard for embedded computers - "Compact PCI Express";
* new product offering based on this standard to be launched in first half
of 2006; and
* experienced management team including:

o Rod Hoare, non-executive Chairman, has spent 40 years in the transport
industry. He worked in civil aviation for BOAC, BCAL, and British
Airways where he became managing director of British Airways Regional.
He also worked in the shipping industry for P&O after which he was
appointed chief executive of Sally Line. In the rail industry, he led
the team that built and operated Heathrow Express. From 1998 to 2003,
he was Chief Executive of Metronet which successfully bid for two
thirds of the London Underground public private partnership.

o Josef Kreidl, Chief Executive Officer, founded Inova in 1997 and has
been on the board of three companies, one of which he was chairman,
involved in the standardisation and manufacturing of open systems.
Prior to this, he co-founded and was chief executive officer of PEP
Modular Computers Group, an embedded computer business for over 20
years. He is an electrical engineer and has experience in the
development of mainframe and mini computers.

In addition, the Directors believe the Passenger Infotainment segment of its
business has certain key advantages, which will enable this part of the Group to
grow significantly:

* an established product in a newly emerging and rapidly growing market;
* a market that is growing in response to specific demands from users;
* multiple sales channels;
* a specialised product based on the Group's existing embedded computer
hardware;
* market leading content management and control software acquired from
Robert Bosch Multimedia; and
* integrated functionality for CCTV and non-critical systems monitoring.

Inova Computers

The Group sells systems worldwide to a range of customers across a range of
industries. These include military, aerospace, manufacturing, energy,
telecommunications, medical and transport. These industries have in common a
requirement that computers offer very high levels of availability and stability
even when placed in hostile environments. Accordingly, Inova has developed
particularly high standards in the ruggedness of its products with regard to
extremes of heat, vibration, sudden movement, impact, moisture and dirt.

In addition, Inova is a driving force for Compact PCI Express, an open source
system for connectivity of modular components, which is a refinement of the
Compact PCI open source system. The Directors believe that Compact PCI Express
is becoming the standard for embedded computer connectivity and that Inova will
be the first supplier offering complete embedded solutions based on this new
standard.

Inova Multimedia

Inova Multimedia, the Passenger Infotainment part of the business, was created
in 2002 when the Company recognised a specific opportunity to become a global
market leader in on-board passenger infotainment systems and simultaneously
acquired Robert Bosch Multimedia. The Group established Inova Multimedia as a
separate business segment to develop and sell these systems, developing them on
the back of the Group's existing rugged embedded computing technology and the
know-how, systems integration and content management software acquired from
Robert Bosch Multimedia.

The original system was developed to provide passengers with a combination of
real time information about their journey and infotainment (a combination of
news, sport, weather and entertainment) with the key advantage over existing
systems that both the journey information and the infotainment could be
broadcast in real time. This is a significant advance over previously existing
systems and an area that the Directors believe provides Inova with a significant
advantage over systems using existing competitors' technology.

The Group has developed its Passenger Infotainment offering to provide a range
of key systems. Inova is able to provide this due to its flexible, modular and
robust embedded computer technology. In addition it covers a number of critical
customer requirements. These are:

* real time passenger information including:

o times to stations;
o connections;
o information on stations or areas;
o information on other relevant transport services;
o any ad hoc information such as delays or emergencies;

* Infotainment services including:

o news;
o sport;
o weather;
o any sort of entertainment and advertising

* CCTV, which is playing an increasingly critical role for transport
systems in relation to both crime and security as well as congestion
management;
* on-board monitoring of non-critical systems, such as lavatory fill
levels, doors or any other on-board system which can be electronically
monitored, which can be linked to the embedded computer. The information is
then transferred to central service stations to optimise service and
maintenance; and
* on-board passenger WiFi access.

The Passenger Infotainment division's offering also includes the MUBIS studio
software which can be used on-site or remotely to load, schedule, manage and
monitor content on the system. In addition, Inova Passenger Infotainment can
provide this service remotely for the client from its own premises.

The Company's Passenger Infotainment offering is applicable to a number of
methods of public transport including trains (the technology can deliver real
time service underground as well as on the surface), trams, buses, ferries and
all associated off-board passenger areas such as stations, garages and stops.
Furthermore, when a transport provider is looking for an integrated system
covering on-board and off-board solutions (which, budgets permitting, is usually
the preferred option), Inova is usually in a strong position as the on-board
aspect of the offering is the technically more difficult element for which Inova
has concentrated on developing its expertise.

One of the key advantages that the Group has in this market is the multiple
sales channels that it is developing due to other companies seeking to add Inova
to consortiums when they are bidding for wider projects. A number of Inova
Multimedia's contracts and prospective leads are now part of such situations in
which the lead bidder has approached the Group in order to satisfy its passenger
information and infotainment elements. The key sales channels are:

* Direct Sales - Inova has an experienced sales force which deals directly
with transport system operators, transport authorities and area or national
government to install its systems or various components of them on
transport networks;

* Vehicle Manufacturers, e.g. Bombardier, Ansaldo, Kawasaki, Volvo - railway
carriage, tram and bus manufacturers in selling their vehicles are
beginning to offer infotainment, advanced passenger information and other
aspects of the Group's offering as part of their offering and to come to
Inova to provide key aspects;

* Systems Integrators, e.g. Hitachi, Toshiba, Siemens - large multinational
companies which act as systems integrators for mass transport systems, some
of which have used Inova to provide key parts of these systems; and

* Media companies, e.g. NBC / Universal, Viacom, Stroer, - on-board
infotainment is being driven by large media conglomerates who regard the
mass transport systems as a new outlet for their content. They have no
ability to address their technical needs and the Group has offerings in
these technical solutions which could lead to substantial contracts.

Inova's offering of modular communication solutions allows customers to utilise
a mix of broadcasting, WiFi, 3G and other communication technologies to optimise
their needs. The infrastructure to transmit the live content to these Passenger
Infotainment systems can take a number of different forms, many of which are
increasingly prevalent and if not can be installed with numerous benefits over
and above the passenger infotainment systems such as transmitting and receiving
security (CCTV), service and maintenance information between mobile equipment
and control stations. The methods of transmitting this content include a mix of
DAB, 3G, GSM and WiFi networks.
Posted at 25/5/2006 08:40 by currypasty
+ passenger infotainment systems on trains, trams and buses


KAUFBEUREN, BAVARIA - Inova Holding plc ("Inova" or "the Company" or "the
Group") announces the start today of dealings in its ordinary shares on AIM
under the ticker symbol "INA".

The Company has raised #10 million before expenses, via a placing, to fund
expansion.

Key points:

* Inova is a leader in the development and manufacturing of rugged computers
which are embedded within control systems for public transport (trains,
trams and buses) and industrial processes which operate under harsh
conditions.

* This expertise has enabled Inova to expand into Passenger Infotainment
systems for trains, trams and buses providing passengers with real-time
travel information, entertainment and news as well as WiFi internet access.

* Inova has a strong management team led by Rod Hoare, non-executive
Chairman (he led the team that built the Heathrow Express and is a former
Chief Executive of Metronet, one of the London Underground PFI operators)
and Josef Kreidl, Chief Executive Officer, one of the founders of the
Company.

* #10 million (before expenses) fund raising has been completed through a
placing with German and UK investors to provide funds for expansion.
Posted at 21/5/2001 20:59 by mkaraokeking
can,t find this stock today.the epic ina does not show up.any clues?
Posted at 24/4/2001 21:00 by argy2
Share price move and number of shares traded should answer that.
Posted at 24/4/2001 19:26 by citytraderboy
RNS Number:5561C
Alternative Investment Market
24 April 2001


ANNOUNCEMENT TO BE MADE BY PROSPECTIVE AIM COMPANY AT LEAST 10 BUSINESS DAYS
PRIOR TO ADMISSION

COMPANY NAME: Internetaction.com plc (to be renamed Intelliplus Group plc)

COUNTRY OF INCORPORATION: England and Wales

COMPANY BUSINESS: Intelliplus is a licensed telecoms operator and an internet
service provider and it operates a proprietary unified messaging platform. It
offers a range of telephony services as well as a direct invoicing service.

DETAILS OF SECURITIES TO BE ADMITTED (ie, where known, number of shares,
nominal value and issue price):

443,607,341 shares to be admitted at a nominal value of 1p per share and an
issue price of 5p per share.

CAPITAL TO BE RAISED ON ADMISSION: #350,000

FULL NAMES AND FUNCTIONS OF DIRECTORS, INCLUDING SHADOW AND PROPOSED DIRECTORS:

Current directors of Internetaction.com plc:

David Ian Rehbinder Bruce - Non-executive Chairman*

Andrew David Balcombe - Chief Executive Director*

Peter Michael Ian Catto - Executive Director

Gerald William Russell - Non-executive Director*

* will resign on admission

Proposed directors:

Peter Michael Ian Catto - Proposed Non-executive Chairman

Nigel Tatlock - Proposed Managing Director

Inil (known as Alan) Abraham - Proposed Executive Director

Robert Schneiderman - Proposed Finance Director

Michael Neville - Proposed Non-executive Director

Laurence Brass - Proposed Non-executive Director


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A
PERCENTAGE OF THE ISSUED SHARE CAPITAL:

Position as at Admission

Name % Holding

Alan Abraham 70.18

Nigel Tatlock 17.55

Alandi Investments Limited 4.90


NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE
TWO (g):

Issues of shares to the vendors of Intelliplus Holdings plc:

Name Shares Value at placing price

Alan Abraham 311,337,350 15,566,868

Nigel Tatlock 77,834,337 3,891,717

Laurence Brass 2,114,759 105,738

Michael Neville 2,114,759 105,738

Robert Schneiderman 2,114,759 105,738

Alandi Investments Limited 21,750,703 1,087,535

Garnham & Co. Limited are to be paid a fee of 1.5% of the value of the
consideration shares being #312,500, such fee to be satisfied by the issue of
ordinary shares on completion of the acquisition at the issue price.


NAME AND ADDRESS OF NOMINATED ADVISER:

Grant Thornton

Grant Thornton House

Melton Street

Euston Square

London

NW1 2EP


NAME AND ADDRESS OF BROKER:

Insinger Townsley

44 Worship Street

London EC2A 2JT

LOCATION OF ADDRESS AT WHICH ADMISSION DOCUMENT IS AVAILABLE AT TIME OF
ADMISSION WHICH ALONE CONTAINS FULL DETAILS OF THE COMPANY AND OF ITS
SECURITIES:

Grant Thornton

Grant Thornton House

Melton Street

Euston Square

London

NW1 2EP

DATE OF NOTIFICATION: 24 April 2001

NEW/ UPDATE: New
Posted at 24/4/2001 19:17 by citytraderboy
RNS Number:5195C
Internetaction.com PLC
24 April 2001

Internetaction.com plc



For immediate release



Internetaction.com plc ("Internetaction" or the "Company")



Proposed acquisition of Intelliplus Holdings plc ("Intelliplus")





Internetaction announces today that the Company has conditionally agreed to
acquire the entire issued share capital of Intelliplus for a consideration to
be satisfied by the issue of 416,666,667 consideration shares to the
shareholders of Intelliplus. The consideration shares represent approximately
94 per cent. of the issued ordinary share capital of the Company as enlarged
by the acquisition and the placing described below, and value Intelliplus at
approximately #21 million on the basis of the value of Internetaction shares
at 5p, the price applicable to the placing described below.



Intelliplus, which commenced trading in April 2000, is a licensed telecoms
operator providing a wide range of telephony and billing services to the
corporate market. In the nine months ended 31 December 2000 Intelliplus
achieved a turnover of approximately #8.3 million and net profit before tax of
approximately #440,000. This turnover was achieved by providing conventional
telephony and Internet based communications services.



The Company is also proposing to raise #350,000 towards the expenses of the
acquisition by way of a placing of ordinary shares of the Company at 5p per
share.



On completion of the acquisition the current members of the board of
Intelliplus will join the board of Internetaction and the current members of
the board of Internetaction will resign, other than Peter Catto who will
become the Company's new Non-Executive Chairman. The new executive directors
will be Nigel Tatlock, Inil (known as Alan) Abraham and Robert Schneiderman.
The new non-executive directors will be Michael Neville and Laurence Brass.



By reason of the size and the relative value of Intelliplus, the acquisition
is a reverse takeover and therefore requires the approval of shareholders. An
Extraordinary General Meeting of the Company has been convened for this
purpose to be held on 18 May 2001. To reflect the change in the Company's
business, a resolution to change the name to Intelliplus Group plc will also
be proposed at the meeting.



A circular to shareholders, which also comprises an admission document in
accordance with the rules of AIM, is being posted to shareholders today. This
circular contains, inter alia, full information regarding the proposed new
directors and their service contracts and an accountants' report on
Intelliplus.



Copies of this document are available to the public, free of charge, at the
offices of Grant Thornton, Melton Street, Euston Square, London NW1 2EP,
during normal business hours on any weekday (public holidays excepted) from
the date of this document until 14 days from the date on which the Ordinary
Shares are admitted to trading on AIM.



Dated: 24 April 2001



Contacts:



Peter Catto (Internetaction) 020 7262 6445

Alan Abraham (Intelliplus) 0845 055 3344

Brian Moritz (Grant Thornton - Nominated Advisers) 020 7383 5100
Posted at 01/2/2001 10:21 by citytraderboy
Geoff Foster of the Daily Mail [City report] writes up the AIM listed Shell Company , Internetaction.com [INA] in a "Very Bullish" way today !
Same directors as AIM listed , Netvest !
This deal will be done within 6 weeks and the share price will be north of 50p !
And by mid-year £1.00 Plus !!
Good luck and as always DYOR !!
Cheers ,

CTB.
Inova share price data is direct from the London Stock Exchange

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