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COO Coolabi

7.50
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Coolabi LSE:COO London Ordinary Share GB00B28PL418 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Coolabi Share Discussion Threads

Showing 876 to 900 of 975 messages
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
DateSubjectAuthorDiscuss
15/8/2011
09:08
Response to Press Speculation
print
TIDMCOO TIDMEDGC

RNS Number : 3535M

Coolabi PLC

15 August 2011

Coolabi plc ("Coolabi" or the "Company")

Response to Press Speculation

Further to the announcement on 9 August 2011 and recent press speculation, Coolabi confirms that it has received an approach from North Promotions Limited, a company funded by Edge Performance VCT plc ("Edge"), which may or may not lead to an offer being made for the Company. Edge, managed by Edge Investment Management Limited, is the Company's largest shareholder. Discussions remain at a very early stage and there can be no certainty that these discussions could lead to an offer for the Company.

A further announcement will be made when appropriate.

In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, Coolabi confirms that it has in issue and admitted to trading on the London Stock Exchange 55,517,449 ordinary shares of 1p each under International Securities Identification Number GB00B28PL418.

In addition, Coolabi confirms that it has in existence GBP562,114 of convertible loan notes which can be converted at a price of 6.75p per share.

15 August 2011

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of Coolabi, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of Coolabi, they will be deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of Coolabi by Coolabi, or by the potential offerors, or by any of their respective "associates", must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at

"Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel.

For further information, please contact:


Coolabi plc Tel: 01962 850 274
Stuart Lindsay,
Senior Independent Non-executive Director

Evolution Securities Tel: 020 7071 4300
Bobbie Hilliam / Chris Clarke

This information is provided by RNS

The company news service from the London Stock Exchange

moreforus
15/8/2011
07:23
That's my view wskill, although 'a bird in the hand.....' etc etc. If the offer is high enough I will be happy to move on.
lord gnome
15/8/2011
07:09
It would be a pity if COO is taken out now just as its fortunes have turned and its future is looking bright I am onboard for the long term although in profit now happy to wait for the full value of COO to be realised.
wskill
15/8/2011
07:01
Depends whether or not the offer is made using cash or shares or both. If the former you receive cash, if it is the second you receive shares in the new entity and if it is the third a mixture of cash and shares.
orange1
15/8/2011
01:04
If it gets taken over will we not still own the shares but just under a different name (company that took over) and at a higher price (price they bought it for)?
ckafetz
14/8/2011
19:33
Don't believe Harvey will be offering anything like the figure iloveit has in mind. Looks like tears before bedtime for our emotional friend.
orange1
14/8/2011
17:13
Sunday Times today reports that the bidder is Edge Performance VCT.

Edge already hold 16.74% of COO shares and loan notes covering 13% exercisable at 6.75p. Thus effectively controlling 29% of the co already.


"Edge Performance Bids for TV Production Firm Coolabi, Times Says
Updated 1 hour, 16 minutes ago
Edge Performance VCT Plc, a media investment fund set up by Harvey Goldsmith and Pete Tong, has made a bid for film and television production company Coolabi Plc, the Sunday Times reported, without saying where it got the information."

someuwin
14/8/2011
16:45
COO received a good write-up with a BUY recommendation in Thursday's Shares Mag:

Coolabi to Blossom
Keep buying bombed-out media rights owner Coolabi despite a 20% jump following news of a bid approach. The predator arrives hot on the heels of the £4.2 million cap's moves to sign up nine merchandising partners for its new Poppy Cat character. Four such deals were announced in the last month. Revenues and profits should embark upon a steep recovery trajectory as the Poppy brand starts to flourish. Shares says BUY at 9p

lord gnome
13/8/2011
17:38
Someuwin - either that or the fact that you just can't buy these shares in any meaningful quantity means that the usual suspects are out of the game here. I doubt we'll get anywhere near 20p, but on forecast earnings of 2p this year, I am hoping for slightly more than 9p.
lord gnome
13/8/2011
16:57
The price of coo started rising 2 days before the official RNS was released.

Therefore there are insiders trading who know the details of the bid.

They are not chasing this any higher, so I think it highly likely the bid will come in at 9p.

The 'market' rarely gets these things wrong.

someuwin
13/8/2011
16:42
SHARE TO ROCKET MONDAY MORNING!!!!!!!
iloveit
13/8/2011
12:06
A little mention in the FT today.
bbd2
12/8/2011
07:17
The TAKEOVER offer price means THEY want it?so yes for me 20p is a what i will be looking at we i have mentioned many a time.
COOLABI will and is a strong asset in this industry so competitors will be alerted to this offer i hope we have a bidding war here and who knows could even triple or multibag .GOOD LUCK AND STILL TIME TO ADD MORE STOCK .
Wonder what the premium will be a shedfull ?
This would be a clear indicator as to what stock is available and to what price they will allow you to buy,THIS IS VERY EXCITING AND ANYTIME NOW WE COULD SEE A GOLDRUSH HERE I FEEL ,ENJOY!

iloveit
11/8/2011
19:11
Iloveit - realistically what would you think an offer price would be?
I bought these years ago at just under 15p and would not be happy to accept less.

storming norm
11/8/2011
12:25
That´s enough news reports for now iloveit.

May I suggest that you give it a break for 24 hours and then pop-up with one of your customary ´anyone topping-up?´posts. Your devotees wouldn´t want it any other way.

orange1
11/8/2011
11:42
Bid approach for Coolabi
09/08/2011 Robert Tyerman

Media rights specialist Coolabi (COO) says it has received an approach which might lead to a takeover bid. The AIM-quoted company, whose properties include Purple Ronnie and pre-school series Poppy Cat, has announced this in response to sharp movements in its share price.

Chaired by William Harris and steered by chief executive Jeremy Banks, London-based Coolabi, whose broker is Evolution Securities, has recently been scoring successes for its brands, including four merchandising partnerships the other day for Poppy Cat. Last year, the company slashed its losses from £1.4 million to £196,500 before a tax credit of £474,000 on turnover down 17 per cent to £2.9 million.

Highlighted by Growth Company Investor at 6.25p in June, Coolabi tightly-held shares, which have traded between 8.95p and 5.75p over the past 12 months, now change hands at 8.75p, up 1.25p this morning, valuing the company at £4.9 million. Hold on.

To receive more relevant articles like this one, why not sign up to our weekly newsletters? Click here

iloveit
11/8/2011
10:18
For Sale COOLABI 20P+ ?

After a jump in its share price yesterday, UK entertainment and rights
management company Coolabi has confirmed that it has been approached by a
third-party suitor for a possible takeover.
The company issued a statement saying that the possible offer may or may
not lead to a concrete offer, as discussions are at a very early stage.
The firm, which produces preschool series Poppy Cat, saw its share
price rise 18% to 8.88 pence on the London Stock Exchange after confirming the
takeover approach.




Read more:

iloveit
11/8/2011
10:14
I said see you when this HITS 20P A SHARE,
Looks like a surge coming today as we await news on whats happening and yes i know this is going to be BIG NEWS look at the shareprice moving up .

Poppy Cat firm in sales talks ‎
C21Media - 1 day ago

Poppy Cat producer Coolabi has confirmed it has received an approach about a possible takeover after its shares rocketed overnight. The UK-based children's ...
Coolabi confirms takeover approach‎ Licensing.biz

iloveit
10/8/2011
09:43
Marvellous - an RNS stating sale of 12903 shares at 7.75p = £999.98.
SP likely to tank now.

storming norm
09/8/2011
15:18
11p and I'll dance naked down the road. It would be nice to get a bit back after all I've lost in the last week or so. Please can I have the money now so that I can make a bit as the market recovers
lord gnome
09/8/2011
13:20
where's iloveit? He's been ramping this dog for years lol. Maybe he will finally see his dream come true.
induna123
09/8/2011
09:22
11p?....Na iloveit must be right with his 20p surely...It's writen in the stars....lol
lufc5
09/8/2011
09:19
Bidder: ETO, CCT ??
saucepan
09/8/2011
09:14
Hmn. . . I did suspect as much. I wonder what price an offer? 11p minimum I would have thought, but perhaps considerably more?
saucepan
09/8/2011
08:48
Clearly a favoured few managed to find out about the bid. Should be very easy to identify them as this is a very thinly traded share. I doubt anything would be done though. At least in this case they couldn't make much profit. Even at best they could only have purchased less than a couple of grand's worth.
lord gnome
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older

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