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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Allianz AG | TG:ALV | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 260.50 | 260.50 | 260.50 | 0.00 | 01:00:00 |
RNS Number:9695O Alvis PLC 22 August 2003 22 August 2003 PURCHASE BY BAE SYSTEMS OF GKN'S 28.95% STAKE IN ALVIS Alvis plc notes the announcement by BAE Systems plc of its agreement with GKN plc to purchase a 28.95% stake in Alvis. Nick Prest, Chairman and Chief Executive of Alvis plc commented: "We welcome BAE Systems as a major shareholder in Alvis. BAE Systems has complementary skills to those of Alvis in Land Systems. We look forward to developing a relationship to the benefit of the company and all its shareholders." ENQUIRIES: Mary Ann Griffiths Group Communications Manager Alvis plc, London Tel: +44 (0)20 7808 8886 Mob: +44 (0)7887 787935 E-mail: maryanngriffiths@alvis.plc.uk www.alvis.plc.uk Rupert Trefgarne Smithfield Financial Tel: +44 (0) 20 7360 4900 Notes to Editors: 1. Alvis plc is listed on the London Stock Exchange and is involved with the design and production of armoured fighting vehicles and other specialist military vehicles. The Alvis Group turnover in 2002 was #225 million. 2. Other businesses in the Alvis Group include Alvis Vickers and Alvis Bridging in the UK, Alvis Hagglunds AB in Sweden, Alvis Moelv AS in Norway, Alvis OMC and Alvis Gear Ratio in South Africa. This information is provided by RNS The company news service from the London Stock Exchange END STRGGGZRZZZGFZM
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