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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eagle Bay Resources Corp | CSE:EBR | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.31 | 0.31 | 0.40 | 0 | 01:00:00 |
ebookers Tecnovate announcement 16 January 2004 - ebookers plc (Nasdaq - EBKR, LSE - EBR) Europe's No.1 retail online travel agency, today gives an update on its Indian Tecnovate subsidiary. On October 2, 2003, ebookers announced an investment in its Indian subsidiary, Tecnovate. Kipotechniki BVBA agreed to invest $10m by acquiring new shares in Tecnovate representing 6.25% of the enlarged share capital. The consideration was to be paid in two instalments of $5m. The first instalment was payable immediately and was received. The second instalment was payable by December 31, 2003. The second instalment has not been received to date. We are in discussions with Kipotechniki regarding the terms of this second instalment. ebookers will be issuing a trading statement on Monday 19 January, and will be holding an analyst briefing on the same day. --ends-- For further information: ebookers plc Oliver Strong +44 (0) 20 7489 2239 oliver.strong@ebookers.com +44 (0) 7771 934 153 Cubitt Consulting (UK) Fergus Wylie +44 (0) 20 7367 5100 fergus.wylie@cubitt.com About ebookers plc ebookers is a leading pan-European online travel agency with websites in 12 European countries - UK, France, Ireland, Germany, Austria, Spain, Holland, Switzerland, Sweden, Denmark, Norway, and Finland. It specialises in the mid- and long-haul modular leisure segments of the European travel industry. It also specialises in selling discount merchant fares, which are negotiated directly with leading travel suppliers in order to help them sell their excess capacity without damaging their pricing structure and brands. ebookers has a low-cost BPO facility in New Delhi, India with a staff of over 700, which carries out 13 separate functions from email sales to software development. The Company has a multi brand marketing strategy. Its brands include ebookers.com, Flightbookers, Travelbag, The Adventure Company Bridge the World, and MrJet. ebookers plc is listed on the London Stock Exchange and quoted on Nasdaq in the United States of America. Forward Looking Statements Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. Potential risks and uncertainties include, without limitation, the company's ability to identify, acquire and integrate its potential subsidiaries across Europe, its ability to significantly increase its online revenues and sales volumes, to maintain and develop relationships with travel suppliers and strategic partners and to attract and retain customers, potential adverse changes in its gross mark up or in commission rates, unforeseen events affecting the travel industry, and the company's dependence on its ability to establish its brand. The foregoing list of important factors is not exhaustive. When relying on forward-looking statements, readers should carefully consider the foregoing factors and other uncertainties and events, as well as factors described in documents ebookers plc files from time to time with regulatory authorities in the United Kingdom and the United States, including annual reports on Form 20-F filed with the US Securities and Exchange Commission. Any forward-looking statements speak only as of the date on which they are made and except as required by the rules of the UK Listing Authority, the London Stock Exchange the Nasdaq National Market and applicable law, ebookers plc undertakes no obligation to update publicly or revise any forward-looking statements. END
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