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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cybit Hldgs | LSE:CYH | London | Ordinary Share | GB00B04QS651 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 73.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:9178R
Trafficmaster PLC
11 November 2003
Trafficmaster Plc
On Friday 7th November Trafficmaster Plc ("Trafficmaster") sold a holding of
56,250,000 shares in Cybit Holdings PLC ("Cybit") for a cash consideration of
#1,687,500. These shares had been held at a carrying value of #420,000.
Trafficmaster continues to hold warrants for a further 67,017,435 shares in
Cybit, which can be exercised in two stages. The first tranche can be exercised
at a price of 4.5p before 31st December 2004, and the next tranche at 6.5p
before 31st December 2006.
Trafficmaster has a strong strategic partnership with Cybit under which it
provides a range of products and services, including hosting services and the
provision of telematics hardware.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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