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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Deltron Elec. | LSE:DET | London | Ordinary Share | GB0002618410 | 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% | 262.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3620S Deltron Electronics PLC 21 November 2003 Deltron Electronics plc Results of Open Offer On 28 October 2003, Deltron Electronics plc (the "Company") announced a Placing and Open Offer ("the Issue") of a total of 11,620,572 new ordinary shares of 5p each ("New Ordinary Shares") at 60 pence each to raise approximately #7 million (before expenses). Qualifying Shareholders were invited to participate in the Issue by way of the Open Offer and to apply for up to 2,453,906 of these New Ordinary Shares ("Open Offer Shares") on the basis of 1 Open Offer Share for every 12 Ordinary Shares held on the Record Date and so in proportion for any greater number of Ordinary Shares then held. The latest time for receipt of completed Application Forms and payment in full in respect of the Open Offer was 3.00 p.m. on 20 November 2003. Of the total of 2,453,906 New Ordinary Shares being issued under the Open Offer, 294,783 New Ordinary Shares were pre-placed firm with institutions and the balance of 2,159,123 were conditionally placed subject to clawback to satisfy valid acceptances under the Open Offer. Of these shares, valid applications have been received by Qualifying Shareholders in respect of * New Ordinary Shares, representing * per cent. of those shares conditionally placed subject to clawback and * per cent. of the total New Ordinary Shares being issued under the Open Offer. The remaining * New Ordinary Shares, being those not taken up by Qualifying Shareholders, will be taken up by those institutions with whom they were conditionally placed. The Issue remains subject to shareholder approval, the resolutions for which will be proposed at an Extraordinary General Meeting of the Company to be held on 25 November 2003 at 11.00 a.m. Assuming that shareholder approval is obtained it is expected that dealings in the New Ordinary Shares on the London Stock Exchange will commence on 8.00 a.m. on 26 November 2003, following their admission to the Official List of the UK Listing Authority and to trading on the market for listed securities of the London Stock Exchange, for which applications have been made. CREST stock accounts are expected to be credited on 26 November 2003 in respect of New Ordinary shares to be held in uncertificated form and definitive share certificates in respect of New Ordinary Shares to be held in certificated form are expected to be posted, where applicable, by 28 December 2003. Unless the context provides otherwise, words and expressions defined in the circular to shareholders of the Company dated 28 October 2003 shall have the same meanings in this announcement. 21 November 2003 This information is provided by RNS The company news service from the London Stock Exchange END ROIBBBJTMMITBAJ
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