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Share Name | Share Symbol | Market | Type |
---|---|---|---|
JCDecaux SE | TG:DCS | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.30 | 1.60% | 19.02 | 18.96 | 19.08 | 18.81 | 18.81 | 18.81 | 214 | 22:50:06 |
RNS Number:7826H DCS Group PLC 21 February 2003 21 February 2003 DCS GROUP PLC ("DCS") STATEMENT REGARDING A POSSIBLE OFFER FOR BSOFTB PLC ("BSOFTB) Further to the announcement by DCS on 19 November 2002 that it was taking further steps to strengthen its balance sheet and was planning an equity fundraising, the board of DCS announces that, as part of its proposed equity fundraising, DCS is in discussions with the board of BSOFTB to acquire all of the issued and to be issued share capital of BSOFTB, a cash shell quoted on the Alternative Investment Market of the London Stock Exchange, by way of a share for share takeover offer by DCS for BSOFTB. The discussions with BSOFTB are at an advanced stage and may or may not lead to DCS making an offer for BSOFTB. The value of any offer for BSOFTB will represent the estimated net cash in BSOFTB at completion of the share for share offer, which will augment the net proceeds of the proposed equity fundraising. A further announcement about these proposals is expected to be made following completion of the equity fundraising process. The Board of DCS is being advised by Close Brothers Corporate Finance Limited and KBC Peel Hunt Ltd. Enquiries: DCS Group plc Tel: 020 7920 6285 Stephen Yapp, Chief Executive Close Brothers Corporate Finance Limited Tel: 020 7655 3100 Mark Napier Ross Christie KBC Peel Hunt Ltd Tel: 020 7418 8900 Oliver Scott Max Royde Citigate Dewe Rogerson Ginny Pulbrook Tel: 020 7282 2945 Rupert Steveney Tel: 020 7282 2843 The directors of DCS Group plc accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of DCS Group plc (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. Close Brothers Corporate Finance Limited and KBC Peel Hunt Ltd, which are regulated by the Financial Services Authority in the United Kingdom, are acting for DCS Group plc and no one else in connection with the proposals described in this announcement and will not be responsible to anyone other than DCS Group plc for providing the protections afforded to customers of Close Brothers Corporate Finance Limited or KBC Peel Hunt Ltd nor for providing advice in relation to the proposals. This information is provided by RNS The company news service from the London Stock Exchange END OFDNKKKQFBKDNBB
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