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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Danakali Limited | LSE:DNK | London | Ordinary Share | AU000000DNK9 | ORDS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 20.00 | 19.00 | 21.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8819O Danka Business Systems PLC 20 August 2003 Embargoed until 1.30pm UK time 20 August 2003 Danka Business Systems PLC ("the Company") Danka Completes Redemption of $47.6 Million, Face Value Senior Subordinated Notes Danka Business Systems PLC, a leading independent global supplier of office imaging systems and services, today announced that it has completed the redemption of its $47.6 million in principal amount of zero coupon subordinated notes due 1 April 2004. The notes were redeemed at their par value. The Company had placed the $47.6 million in escrow in connection with the closing of its $175,000,000 aggregate principal senior notes offering which was completed on 1 July 2003. "We are pleased that as part of our successfully completed refinancing, we have been able to pay back these investors at par value, eight months earlier than they anticipated," said Mark Wolfinger, Danka's Chief Financial Officer. The Company will not be required to make principal payments on its other indebtedness until its $64.5 million face value 10% subordinated notes are due on 1 April 2008. -ends- Enquiries: Danka Business Systems PLC Paul Dumond, Company Secretary 020 7605 0150 Sanjay Sood, Senior VP (USA) 001 727 576 6003 Weber Shandwick Square Mile Katie Hunt 020 7067 0700 About Danka Danka delivers value to clients worldwide by using its expert technical and professional services to implement effective document information solutions. As one of the largest independent providers of office imaging equipment, document solutions and related services and supplies Danka enables choice, convenience and continuity. Danka's vision is to empower customers to benefit fully from the convergence of image and document technologies in a connected environment. This approach should strengthen the company's client relationships and expand its strategic value. Forward-Looking Statements: Certain statements contained in this press release, or otherwise made by our officers, including statements related to our future performance and our outlook for our businesses and respective markets, projections, statements of our plans or objectives, forecasts of market trends and other matters, are forward-looking statements, and contain information relating to us that is based on our beliefs as well as assumptions, made by, and information currently available to, our management. The words "goal", "anticipate", "expect", "believe" and similar expressions as they relate to us are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. No assurance can be given that the results in any forward-looking statement will be achieved. For the forward-looking statements, we claim the protection of the safe harbor for forward-looking statements provided for in the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those reflected in the forward-looking statements. This information is provided by RNS The company news service from the London Stock Exchange END STRURUOROURWUAR
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