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CWV Cms Webview

0.25
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cms Webview LSE:CWV London Ordinary Share GB0009580027 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trading Statement

07/09/2007 11:20am

UK Regulatory


RNS Number:4843D
CMS WebView PLC
07 September 2007



Further to the announcement of 27 July 2007, the directors of CMS Webview Plc 
("Company" or "CMS") would like to provide shareholders with an update on the
Company's current position.



On 27 July 2007 Ian Donald Williams and Anthony Peter McQueen Benedict of
Benedict Mackenzie LLP, 62 Wilson Street, London EC2A 2BU ("the Liquidator")
were appointed as joint liquidators to the Company to administer a member's
voluntary liquidation, a key factor of which is that the Company is solvent,
which remains the case.



As previously stated on 28 June 2007, the Company is open to corporate deal
opportunities with companies that might find significant value in CMS's 'clean'
balance sheet and its proven TDI data management product or in realising the
value of CMS's intellectual property assets.



Specifically, discussions have taken place with companies that view a listing,
via means of being reversed into CMS, as an advantage and key stage to their
future growth objectives. With the help of the Liquidator attempts are being
made to identify a suitable business for such a reversal.



Should a suitable business be found for reversal into CMS, this would be subject
to the approval by the shareholders of CMS at an extraordinary general meeting,
which would be convened by way of a circular setting out full details of the
business being reversed into the Company.



In addition to negotiations regarding a potential reverse of a business or
company into CMS, discussions are also continuing to take place with
organisations that may have an interest in the licensing rights (exclusive or
otherwise) in CMS' proven data management product; TDI.



Further announcements will be made in due course.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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