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COT Concateno

117.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Concateno Investors - COT

Concateno Investors - COT

Share Name Share Symbol Market Stock Type
Concateno COT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 117.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
117.50 117.50
more quote information »

Top Investor Posts

Top Posts
Posted at 11/6/2007 09:59 by johnrxx99
Recently tipped in Momentum Investor.
Posted at 01/1/2007 16:16 by stegrego
Concateno will raise, conditional upon Admission, approximately #9.5 million
(before expenses) by the issue of 9,500,000 Placing Shares to institutional and
other investors at the Placing Price.


So i make that 1 quid per share
Posted at 01/1/2007 14:22 by masurenguy
jonwig - do you know how many new shares were placed, and at what price, to fund the proposed acquisition of Altrix

"On 20th December, and in line with the Company's strategy, the boards of
Concateno and Altrix announced that they had reached agreement on the terms of
recommended cash offers for the entire issued and to be issued share capital of
Altrix at 80.6 pence in cash for each Altrix Share, valuing the issued and to be issued ordinary share capital of Altrix at £11 million. To fund the
acquisition, Concateno has raised approximately £9.5 million by way of an
oversubscribed underwritten placing of new Concateno shares with institutional
and other investors."
Posted at 09/4/2005 12:33 by edwards45
this is money
07/04/05
THE utilities sector received a shot in the arm today from news of a bid approach for East Surrey Water from an unnamed source. Its shares rose 48p to 523p.

If the deal goes ahead, investors will receive an offer worth 535p a share, including 10p of dividend, which will value the group at £450m. East Surrey is one of the smaller water companies but City speculators say this could signal a series of bids in the sector.

Bristol Water is seen as vulnerable. Its shares jumped 32½p to 672½p while Dee Valley rose 20p to 872½p and Northumbrian Water put on 5¼p to 186¾p. Northumbrian has been tipped to merge with Kelda, the old Yorkshire Water, down 2p at 615½p.

The news from East Surrey coincided with the flotation on Aim of Concateno, a shell company out of the Marwyn stable headed by ex-Mid Kent Water boss Keith Tozzi that promises to target UK water companies. They started life at 115p and raced up to 165p before settling at 142½p.

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