
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mycronic AB | TG:MLT | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.56 | 4.06% | 40.02 | 39.94 | 40.08 | 40.02 | 40.02 | 40.02 | 7 | 20:59:41 |
RNS Number:0787S Multi Group PLC 14 November 2003 Multi Group Plc ("Multi" or "Company") Result of EGM and Open Offer The directors of Multi are pleased to announce that at the extraordinary general meeting of the Company held today all of the resolutions proposed were passed. The directors of Multi are also pleased to announce that the Company has received applications for 71,624,431 new ordinary shares of 0.01p ("Ordinary Shares") pursuant to the Open Offer announced on 16 October 2003, representing 154.2 per cent. of the total number of shares available. Applicants will therefore receive their guaranteed entitlement, being an equivalent number to those shares held by them on the record date of 10 October 2003 and approximately 27.3 per cent. of any excess application made. The Placing and Open Offer has raised in aggregate #2.04 million for the Company, before expenses. Application has been made for the existing ordinary shares to be cancelled from the Official List with effect from the close of business today and for 250,394,923 Ordinary Shares to be admitted to trading on the Alternative Investment Market of the London Stock Exchange with effect from Monday 17 November ("Admission"). At the Annual General Meeting, held immediately prior to the EGM, Keith Ferguson resigned as a director of the Company. At Admission, Russell Bracegirdle will step down as a director of the Company and Oliver Cooke will be appointed as the Company's Executive Chairman. Following the EGM, the Company is aware of the following significant interest in its issued share capital Number of Ordinary Shares Percentage of issued share capital Shareholder Southwind Limited 135,000,000 53.9% F R Bracegirdle 18,979,172 7.6% Eaglet Investment Trust plc 15,780,762 6.3% M E W Jackson 10,000,000 4.0% In addition, Andrew Brundle, finance director, is interested in 6,386,651 Ordinary Shares, representing 2.6 per cent. of the issued share capital of the Company. Oliver Cooke, Executive Chairman, has no interest in any Ordinary Shares. Pursuant to the 2003 Share Option Scheme, approved at the EGM, Andrew Brundle has been granted an option to subscribe for 2,500,000 new Ordinary Shares at 1p per share between 17 November 2004 and 16 November 2009. Other employees of the Multi group have been granted options over an aggregate of 8,018,000 new Ordinary Shares at 1p per share between 17 November 2004 and 16 November 2009. In addition, Oliver Cooke has been granted an option over 9,000,000 new Ordinary Shares at 1p per share, exercisable at any time between Admission and 16 November 2013 and Corporate Synergy PLC has been granted an option over 7,511,847 new Ordinary Shares at 1p per share, exercisable at any time between Admission and 16 October 2008. Oliver Cooke, Executive Chairman designate, commented: "The level of support from shareholders has been most encouraging. As the new Chairman I look forward with enthusiasm to the Group's return to profitability and to its future development." Enquiries: Oliver Cooke / Andrew Brundle, Multi Group Plc - 020 8253 5899 William Vandyk, Corporate Synergy PLC - 020 7626 2244 This information is provided by RNS The company news service from the London Stock Exchange END REGFFLFFLSDSEFF
1 Year Mycronic AB Chart |
1 Month Mycronic AB Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions