![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nasdaq Inc | TG:NAQ | 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% | 55.80 | 55.61 | 56.08 | 0.00 | 07:43:58 |
RNS Number:2767U NBA Quantum PLC 15 January 2004 NBA Quantum PLC ("NBA" or the "Company") 15 January 2004 Acquisition of additional shareholding in Joint Venture Company and issue of shares NBA Quantum PLC ("NBA") announces that on 14 January 2004 it acquired an additional 15% shareholding in Bionic Production Limited ("BPL") and that it now owns 65% of BPL. BPL is a specialist in the development and production of industrial multimedia and was formed to use high quality visuals to support and supplement the various dispute cases handled by NBA. The company started operations in May 2002 and the audited accounts for the period to 30 June 2003 show a pre tax profit of #17,909 on turnover of #458,312 with net assets as at that date of #17,911. The consideration for the acquisition is an initial amount of #3,750 with a further amount payable, not to exceed #80,000 calculated on a multiple of 4 x the pre tax earnings of BPL for the year ended 30 June 2004. The initial consideration has been settled by the issue and allotment of 7,426 NBA ordinary shares of 10p each at a price of 50.5p per share being the middle market quotation as at close of business on 6 January 2004. The additional consideration will be settled in ordinary shares valued at the middle market price at a date in October 2004 immediately after the announcement of the preliminary results of NBA for the year ended 30 June 2004. NBA has reserved the right to settle the additional consideration in cash. Commenting on the acquisition, Peter Elliott-Hughes, the Managing Director, said: "The team at Bionics has integrated really well and performed superbly, clearly demonstrating over the last 18 months that the use of Computer generated imagery in the construction and engineering industry is a powerful medium through which to represent otherwise complex situations and in a manner which is both compelling yet simple to understand. Whilst BPL has worked predominately in the UK, the number of overseas opportunities is increasing and we are now seeking to expand the services range that BPL offers into the US, S.E. Asia and Australia." As a result of the issue of ordinary shares, the Company now has 6,035,796 ordinary shares in issue. Application will be made for the new ordinary shares to trading on AIM as soon as practicable. For further information P D Elliott-Hughes, NBA Quantum PLC Mark Brady, Brewin Dolphin Securities This information is provided by RNS The company news service from the London Stock Exchange END IOEILFELLAIELIS
1 Year Nasdaq Chart |
1 Month Nasdaq 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