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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Viaplay Group AB | TG:NEB | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0016 | 2.22% | 0.0737 | 0.0713 | 0.0735 | 0.0737 | 0.0737 | 0.0737 | 2,000 | 09:15:09 |
RNS Number:8661O Net b2b2 PLC 20 August 2003 Netb2b2 plc ("Netb2b2" or "the Company") Capital Reorganisation Netb2b2, the AIM listed digital services group, announces a proposal to sub-divide and redesignate the Company's share capital ("Capital Reorganisation"). The Company has today issued a circular to shareholders to explain why the board of directors of the Company ("Board") considers the Capital Reorganisation to be in the best interests of the Company and its shareholders as a whole and to recommend that shareholders vote in favour of the resolutions to approve the Capital Reorganisation at an Extraordinary General Meeting to be held on Friday, 12 September 2003. If approved, the Capital Reorganisation will involve the sub-division and redesignation of each ordinary share of 1p in the capital of the Company into one new ordinary share of 0.1p ("New Ordinary Share") and one deferred share of 0.9p ("Deferred Share"). Following the Capital Reorganisation, every Netb2b2 shareholder will hold one New Ordinary Share and one Deferred Share for each existing ordinary share previously held. The voting and other rights (including the rights to dividends) conferred on the New Ordinary Shares will be identical to those currently attaching to the existing ordinary shares as set out in the articles of the Company. The Deferred Shares will carry minimal rights and will have little or no economic value. It is not anticipated that the Capital Reorganisation will have any adverse economic impact on the overall value of the existing options over the Company's shares. The Capital Reorganisation will require the passing by shareholders of special resolutions ("the Resolutions") to be proposed at an Extraordinary General Meeting, details of which have been posted to shareholders today. Application will be made for the New Ordinary Shares to be admitted to trading on the Alternative Investment Market of the London Stock Exchange ("AIM") following the approval of the Resolutions. No application will be made for the Deferred Shares to be admitted to trading on AIM. Keith Young, the Chairman of Netb2b2, commented: "The aim of the Capital Reorganisation is to enhance the Company's ability to attract new investors when required. The sub-division of the ordinary shares will allow the Company greater flexibility in pricing ordinary shares in the future. The Board urges all Shareholders to read the proposal sent to them today and recommends that they vote in favour of the Resolutions." For further information please visit www.netb2b2.com or contact: Keith Young / Geoffrey Griggs John West / Tracy Young Netb2b2 plc Tavistock Communications Tel 020 7878 1007 Tel 020 7600 2288 20 August 2003 This information is provided by RNS The company news service from the London Stock Exchange END CARILFIITDIIFIV
1 Year Viaplay Group AB Chart |
1 Month Viaplay Group AB Chart |
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