ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CSV Corp.Serv.Grp

1.52
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Corp.Serv.Grp LSE:CSV London Ordinary Share GB0002251600 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.52 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.52 GBX

Corporate Services (CSV) Latest News

Real-Time news about Corp.Serv.Grp (London Stock Exchange): 0 recent articles

Corporate Services (CSV) Discussions and Chat

Corporate Services Forums and Chat

Date Time Title Posts
24/3/201219:52CSG Ltd-
07/5/200815:42Time to buy Corporate Services Group.3,119
03/3/200812:19CSV - THE MOVE TO PROFITABILITY441
26/2/200821:48Bidding war about to start 500m t/o co market cap 22m-
26/2/200814:48takeover bid war Ј500m t/o co Ј21.5m market cap-

Add a New Thread

Corporate Services (CSV) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Corporate Services (CSV) Top Chat Posts

Top Posts
Posted at 24/3/2012 19:52 by ferhat00
CSG Ltd in Australia (CSV:ASX) looks like a great business. It's trading at low P/E yet its dividends are growing, good revenue growth, and little debt. Yet why is the share price so low? I noticed in that the share jumped last year on potential takeover rumours, yet went down again, after the takeover was cold off.

What do people think of this stock?
Posted at 07/5/2008 09:39 by typo56
Isn't the conversion of 2.15p based on IPEL trading at 108.1p? IPEL is currently 86.5p. Conversion ratio is 1 for 50.4 which means CSV shares are now worth 1.72p (mid).
Posted at 14/4/2008 14:03 by knowing
OK needed to take into account the divi

* Corporate Services Group Shareholders will receive one New Impellam Share
for every 50.4 Corporate Services Group Shares held which, after adjusting for
the conditional dividend payable to Carlisle Shareholders, values each Corporate
Services Group Share at 2.15 pence and the existing issued share capital of
Corporate Services Group at approximately £23.1 million in aggregate
Posted at 10/4/2008 12:44 by knowing
vs watching and wondering if I should add a few as the conversion gives a new share price of 2.15p which is a good premium to todays price.
Posted at 09/4/2008 14:27 by vssnottm
Result of EGM




RNS Number:9891R
Corporate Services Group PLC
09 April 2008



9 April 2008


Recommended acquisition
of
The Corporate Services Group plc
by
Impellam Group plc
(a company formed for the purposes of merging
The Corporate Services Group plc and Carlisle Group Limited)


On 14 March 2008, it was announced that final agreement had been reached on the
terms of the proposed merger between The Corporate Services Group plc
("Corporate Services Group") and Carlisle Group Limited ("Carlisle"). It is
proposed that Impellam Group plc ("Impellam") (a company formed for the purposes
of merging the Corporate Services Group and Carlisle) will acquire the entire
issued and to be issued ordinary share capital of the Corporate Services Group
and the entire issued and to be issued share capital of Carlisle. The
acquisition of the Corporate Services Group is to be implemented via a scheme of
arrangement pursuant to section 425 of the Companies Act 1985 and Part 26 of the
Companies Act 2006 (the "Scheme").


The Corporate Services Group announces that the Court Meeting and the General
Meeting convened in connection with the proposed acquisition of the Corporate
Services Group and the Scheme, which were held on 9 April 2008, have both
concluded successfully. All resolutions proposed at the meetings, as set out in
the notices of each meeting included in the Scheme Document dated 14 March 2008
(the "Scheme Document"), received the necessary majorities and were accordingly
approved.
Posted at 04/3/2008 10:29 by knowing
More sector news


ROUNDUP Michael Page FY profit up 52 pct; sees further expansion but shares fall




LONDON (Thomson Financial) - Michael Page International PLC posted a 52 pct
increase in full-year profit helped by a continued shortage of candidates, and
said it is well positioned and more resilient to economic cycles, which will
ensure future growth.
Evolution Securities analyst Hector Forsythe previously said the driving
force for future growth will be supply constraints in specialist recruitment
niches, together with regulatory and legislative changes in European markets.
The company said today these key drivers include a deregulation of the
labour markets, demographic changes, an increased global shortage of qualified
professionals, increasing job mobility and a greater awareness and acceptance
for companies to use specialist recruitment services.
Michael Page also gave investors what they were looking for by outlining its
growth strategy for the future, saying it wants to continue with expansion,
including moving into Austria, New Zealand and Turkey. The company is also
planning to open countless new offices including three in the Americas, seven
across Europe and two new offices in China.
Finally, Michael Page posted a 52 pct increase in pretax profit and said it
was seeing similar year-on-year increases in activity levels in all regions
since the start of the current year, with the exception of certain sectors
related to the banking market.
But shares fell despite the positive results. At 09.45 am, Michael Page
shares were down 2.2 pct or 6 pence to 271.75 pence. Landsbanki analyst Ian
Jermin said that "however good the results for 2007, the share price is
reflecting continued concern about the US economy and the possibility of
contagion in the UK and broader global economy".
Investors got spooked by the slowdown in Michael Page's Finance division and
Financial Services sector. Deutsche Bank said it cannot lose the feeling that a
wider slowdown is coming despite the results being in line.
Chief executive Steve Ingham told reporters during a conference call that
Michael Page is experiencing two issues: a self-inflicted problem within Finance
and the credit crunch impact on Financial Services.
Ingham said that within the UK, Michael Page Finance produced a mixed
performance with good growth in the regions being held back by below expectation
growth in London and the South East.
But the CEO added that the slowdown in Finance was of the company's own
making and is being remedied by changes to the management structure of these
businesses, which should produce an improved performance in 2008.
The company said that its Financial Services had a very good first half of
the year but that the "credit crunch" in the latter half of 2007 has impacted
certain parts of the banking market causing the growth rate to slow, being flat
year-on-year in the fourth quarter.
The offices that are mainly impacted include those in London, Tokyo and
Manhattan.
Deutsche Bank analysts also said that sectors such as Legal and HR, which
have some exposure to banking, are also seeing a slowdown. Merrill Lynch analyst
Andrew Ripper pointed out that banking makes up about 7 pct of the group's net
fees.
He added, however, that the group is continuing to add headcount, which
could reach 6,000 by the end of 2008 if the majority of markets remain
favourable.
Michael Page reported good full-year results today with pretax profit
reaching 147.4 mln stg from 97 mln in the year before period, on a 28 pct rise
in revenue to 831.6 mln.
In the UK, which now only makes up 39 pct of gross profit, Michael Page
recorded a gross profit increase of 19.4 pct to 186 mln stg. The company said it
invested heavily during the year, increasing headcount by 17 pct to 1,799 and
opening new offices.
Michael Page's EMEA region, which makes up 41 pct of gross profit, saw it
rising 55 pct while the Americas recorded an increase of 79 pct.
The company said its much more diversified today than in any previous
downturn and hence is confident for growth in the future.
Michael Page shares already lost half their value on fears that the credit
crunch will spread into the wider economy and affect hiring trends. They closed
Monday at 277 pence valuing the company at 896 mln stg.
Posted at 07/2/2008 16:06 by sehra50
Posted on Barclays Stockbrockers @ 15.43 07/02/08)

Rule 8.3- Corporate Services

RAB Capital plc
07 February 2008



FORM 8.3


DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

(Rule 8.3 of the Takeover Code)


1. KEY INFORMATION

Name of person dealing (Note 1) RAB Capital Plc

Company dealt in Corporate Services Group Plc

Class of relevant security to which Ordinary Shares
the dealings being disclosed relate
(Note 2)

Date of dealing 06 February 2008


2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE


(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

Long Short
Number (%) Number (%)
(1) Relevant securities
(2) Derivatives (other than
options)
49,805,211 (4.62%)
(3) Options and agreements
to purchase/sell
Total 49,805,211 (4.62%)


(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)

Class of relevant security: Long Short
Number (%) Number (%)
(1) Relevant securities
(2) Derivatives (other than
options)
(3) Options and agreements to
purchase/sell
Total


(c) Rights to subscribe (Note 3)

Class of relevant Details
security:



3. DEALINGS (Note 4)


(a) Purchases and sales

Purchase/sale Number of Price per unit (Note 5)
securities








(b) Derivatives transactions (other than options)

Product name, e.g. Long/short (Note Number of securities Price per unit (Note
CFD 6) (Note 7) 5)

CFD Long 270,000 GBP 0.016605




(c) Options transactions in respect of existing securities


(i) Writing, selling, purchasing or varying

Product Writing, Number of Exercise Type, e.g. Expiry date Option
name,e.g. selling, securities price American, money paid/
call option purchasing, to which European received
varying the option etc. per unit
etc. relates (Note 5)
(Note 7)




(ii) Exercising

Product name, e.g. call Number of securities Exercise price per unit
option (Note 5)



(d) Other dealings (including new securities) (Note 4)

Nature of transaction Details Price per unit (if applicable) (Note 5)
(Note 8)



4. OTHER INFORMATION


Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced. If none, this should be
stated.


None..................................................................


..............................................................................


Is a Supplemental Form 8 attached? (Note 9) NO



Date of disclosure 07 February 2008

Contact name Kiran Patel

Telephone number 0207 389 0968

If a connected EFM, name of offeree N/A
/offeror with which connected

If a connected EFM, state nature of N/A
connection (Note 10)

Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
Posted at 07/2/2008 08:04 by knowing
Possible Merger




RNS Number:4771N
Corporate Services Group PLC
07 February 2008

Not for release, publication or distribution in or into the United States of
America, Australia, Canada or Japan or any other jurisdiction if to do so would
constitute a violation of the relevant laws of such jurisdiction.


The Corporate Services Group plc
("Corporate Services Group" or the "Company")

Possible Merger of The Corporate Services Group plc and Carlisle Group Limited
("Carlisle")


The board of Corporate Services Group announces that it is in discussions
regarding a possible merger which, if implemented, would be effected by: the
creation of a new UK registered holding company ("Newco"), the subsequent
acquisition by Newco of Corporate Services Group and Carlisle and the admission
of Newco to AIM, a market of the London Stock Exchange plc (the "Possible
Merger"). The implementation of the Possible Merger is subject to satisfaction
(or waiver) of certain pre-conditions as set out below.

As part of the Possible Merger it is expected that the acquisition of Corporate
Services Group would be effected through a scheme of arrangement (the "Scheme")
which would need to be approved by Corporate Services Group's shareholders in
general meeting and sanctioned by the UK Court, and that the acquisition of
Carlisle would be effected by a merger of Newco and Carlisle under Belize law
(the "Belize Merger"). It is anticipated that if the Possible Merger is
implemented, the Scheme will be conditional on completion of the Belize Merger,
and both the Scheme and the Belize Merger will be conditional on admission of
the shares in Newco to AIM.

On the basis of the current terms under discussion, Corporate Services Group
shareholders would, upon completion of the Possible Merger, hold 47 per cent. of
Newco and Carlisle shareholders would hold 53 per cent. of Newco. In addition,
Carlisle intends to form a new subsidiary which will be capitalised as to £4
million and the shares of the new company will be distributed to Carlisle
shareholders in proportion to their respective shareholdings. It is intended
that the shares of the new company would then be listed on AIM.

The directors of Corporate Services Group believe that the Possible Merger would
have a number of advantages for Corporate Services Group, Carlisle and their
respective shareholders, employees and customers. These advantages include the
following:

* the combination of Corporate Services Group and Carlisle would create a
diversified support services business with total combined revenues approaching
£1bn in 2007;

* the Newco group would contain an increased number of strong operating
brands across a broad range of sectors;

* the combination of Corporate Services Group and Carlisle offers significant
potential savings and synergy benefits; and

* although Corporate Services Group is currently trading within the limits of
its borrowing facilities, Newco would have greater financial strength than
Corporate Services Group currently has.

If the Possible Merger is implemented the board of Newco would be as follows:

Kevin Mahoney (currently Chairman of Carlisle) would be Non-Executive Chairman
with particular focus on the effective integration of the two businesses;
Desmond Doyle (currently Chief Executive Officer of Corporate Services Group)
would be Chief Executive Officer; Richard Bradford (currently Chief Executive
Officer of Carlisle) would be Chief Operating Officer; Andrew Burchall
(currently Group Finance Director of Corporate Services Group) would be Group
Finance Director; and John Rowley (currently Development Director of Corporate
Services Group) would be Development Director.

The Senior Independent Director would be Noel Harwerth; Adrian Carey, Valerie
Scoular and Andrew Wilson would also be appointed as non-executive directors.
All are currently non-executive Directors of Corporate Services Group.

Lord Ashcroft holds 29.7 per cent. of the current issued share capital of
Corporate Services Group and 74.3 per cent. of the current issued share capital
of Carlisle. If the Possible Merger is implemented it is anticipated that Lord
Ashcroft would hold 53.3 per cent. of the issued share capital of Newco.

The Possible Merger is subject to the following pre-conditions:

(a) completion, on terms satisfactory to Corporate Services
Group, of a due diligence review of Carlisle by Corporate Services Group;

(b) completion, on terms satisfactory to Carlisle, of a due
diligence review of Corporate Services Group by Carlisle; and

(c) final agreement of detailed terms by both boards.

The Possible Merger will also, if implemented, be subject to further terms and
conditions, including all necessary regulatory consents and approvals being
obtained before completion of the Possible Merger.

The Company has received an irrevocable undertaking from Dresdner VPV NV, which
owns 261,377,384 Corporate Services Group ordinary shares of 1p each ("Ordinary
Shares"), equivalent to 24.3 per cent of the issued share capital of Corporate
Services Group, confirming that it will vote in favour of the Scheme at the
court meeting, and in favour of all the resolutions necessary at the general
meeting of the Company, to enable the Possible Merger to proceed. This
irrevocable undertaking will lapse if no firm intention to make an offer for
Corporate Services Group is announced by 30 April 2008, or if final terms of the
Scheme are such that the legacy Corporate Services Group shareholders receive in
aggregate a consideration of ordinary shares in Newco equivalent to less than 47
per cent. of Newco, or if a third party makes an offer for Corporate Services
Group which attributes a value to each Ordinary Share that is greater than the
value attributed to each Ordinary Share under the Scheme.

The Company has also received an irrevocable undertaking from Lord Ashcroft and
his associated companies, which together holds 319,737,682 Ordinary Shares,
equal to 29.7 per cent. of the issued share capital of Corporate Services Group,
confirming that he and his associated companies will be bound by the terms of
the Scheme, and in favour of all the resolutions necessary at the general
meeting of the Company, to enable the Possible Merger to proceed. The
irrevocable undertaking also confirms that Lord Ashcroft and his associated
companies will vote to approve the Belize Merger and will procure that Newco
gives an undertaking to the court to be bound by the Scheme. This irrevocable
undertaking will lapse under the same circumstances as that of the VPV
undertaking above.

Subject to the satisfaction (or waiver) of the pre-conditions and the boards of
both Corporate Services Group and Carlisle agreeing to proceed with the Possible
Merger, it is expected, although not certain, that appropriate documentation
would be sent to shareholders of both companies in March 2008. Following on from
this it is expected that a Corporate Services Group general meeting and
associated court meeting will take place in April 2008 and the transaction would
complete, and Newco shares would be admitted to trading on AIM, in May 2008.

This announcement does not amount to a firm intention on any party to make an
offer and, accordingly, there can be no assurance that the Possible Merger will
be implemented, or as to the terms of the Possible Merger, even if the
pre-conditions are satisfied (or waived). Corporate Services Group reserves the
right in its absolute discretion to waive pre-condition (a) above and Carlisle
reserves the right in its absolute discretion to waive pre-condition (b) above.

Noel Harwerth, Acting Chairman of Corporate Services Group, commented: "A lot
has been achieved at Corporate Services Group over the last three years but now
is the time to move ahead with the company's future strategy. The Possible
Merger makes good sense both commercially and also from a financial point of
view. We believe that it would, if implemented, provide a robust platform for
acquisitions and growth in the future".

Commenting on the Possible Merger Lord Ashcroft said: "I am wholly supportive of
the Possible Merger. I believe that the proposed board of Newco is well balanced
and capable of delivering value for all shareholders and I would very much like
to see the enlarged group develop into a strong and independent public company.
With the increased scale and stronger financial base, which I believe will
result from the implementation of the Possible Merger, Newco will be well placed
to develop both organically and by acquisition".

Kevin Mahoney, Chairman of Carlisle and proposed Chairman of Newco, commented:
"The Possible Merger is expected to bring a number of significant benefits to
Carlisle's shareholders. These include a greater degree of liquidity in the
trading of shares and also benefits arising from economies of scale. I believe
we can build a strong, prosperous group from the merger of these two companies".
Posted at 29/1/2008 21:47 by knowing
(1.88) Daniel Stewart has initiated Corporate Services Group as 'buy' with a 3.7 pence target, saying that while the market is concerned by high debt levels, it believes finances are tight but manageable, and sees a number of ways to repair the balance sheet, according to traders. In a note to clients, Daniel Stewart said a 2008 estimated PE ratio of 2.8 times reflects concerns over debt and the risk of a dilutive equity issue - which it expects the group to avoid. Furthermore, it says it does not expect Corporate Services to breach its banking covenant, estimating that this would only occur in the event of a 2008 recession. The broker said that it sees 90% upside to its sum-of-the-parts value, offering scope for share price and balance sheet repair through disposals or merger.
Posted at 14/5/2005 15:42 by alannlane
CSV share price on the slide again....bearing in mind the bad state of the market...I can't see anything to stop these going down to the next support level @ 4pence....shall wait.
Corporate Services share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock