![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Diamond Life. | LSE:DMD | London | Ordinary Share | GB0004493028 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.30 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2557G Chargeurs UK Limited 2 July 2001 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN DRUMMOND GROUP PLC - RESULTS OF OFFERS On 25 May 2001, Chargeurs UK announced Offers for the Ordinary Shares and 5.6% Preference Shares of Drummond not already owned by Chargeurs UK. The board of Chargeurs UK is pleased to announce that the condition to each of the Offers has been satisfied and that each of the Offers are hereby declared unconditional in all respects. The Independent Directors, being Michael D Abrahams, Stefan M Simmonds and Brian S Levi, have today resigned from Drummond. As at 3.00 p.m. today, the first closing date of the Offers, valid acceptances had been received by Chargeurs UK in respect of 14,042,354 Ordinary Shares and 222,225 5.6% Preference Shares, representing 83.8 per cent. and 99.7 per cent. of the shares to which the Ordinary Offer and 5.6% Preference Offer respectively relate. This includes acceptances in respect of the Drummond Directors' entire beneficial holdings of 5,609,477 Ordinary Shares and acceptances in accordance with the irrevocable undertakings received from The Co-operative Insurance Society Limited, The Investment Company plc and State Street Nominees Limited, in respect of their aggregate holdings of 160,705 5.6% Preference Shares. Prior to the commencement of the Offer Period, Chargeurs UK was interested in 47,925,076 Ordinary Shares (representing 74.1 per cent. of the Ordinary Shares in issue) and 2,050 5.6% Preference Shares (representing 0.9 per cent. of the 5.6% Preference Shares in issue). Taking into account the level of acceptances of the Offers, Chargeurs UK now owns 61,967,430 Ordinary Shares and 224,275 5.6% Preference Shares, representing 95.8 per cent. and 99.7 per cent. of each class respectively. The Ordinary Offer will remain open for acceptances until further notice. If Chargeurs UK receives acceptances under the Ordinary Offer in respect of 90 per cent. or more of the Ordinary Shares to which the Ordinary Offer relates, Chargeurs UK will exercise its right pursuant to the provisions of Sections 428 to 430F of the Act to acquire compulsorily the remaining Ordinary Shares to which the Ordinary Offer relates. As soon as is practicable, Chargeurs UK intends to despatch compulsory acquisition notices under Section 429 of the Act to the holders of the 5.6% Preference Shares who have not yet accepted the 5.6% Preference Offer. The listings of the Ordinary Shares and 5.6% Preference Shares on AIM will be cancelled with effect from 8.00 a.m. on 3 July 2001. Save as disclosed above, neither Chargeurs UK nor any person acting, or deemed to be acting, in concert with Chargeurs UK, held any Drummond Shares (or rights over Drummond Shares) prior to the commencement of the Offer Period, nor has any such person acquired or agreed to acquire any Drummond Shares (or rights over Drummond Shares) since that time and no acceptances of the Offers have been received from such person. Terms used in this announcement, unless the context requires otherwise, have the same meaning as in the Offer Document dated 11 June 2001. Enquiries: Financial adviser to Chargeurs UK Limited: N M Rothschild & Sons Limited: David M Forbes /Greg Cant Telephone: 0113 200 1900 Financial adviser to Drummond Group PLC: Brown, Shipley & Co. Limited: Philip Johnson Telephone: 0161 214 6540 N M Rothschild & Sons Limited, which is regulated in the United Kingdom by The Securities and Futures Authority Limited, is acting for Chargeurs and Chargeurs UK and no-one else in connection with the Offers and will not be responsible to anyone other than Chargeurs and Chargeurs UK for providing the protections afforded to customers of N M Rothschild & Sons Limited nor for giving advice in relation to the Offers. Brown, Shipley & Co. Limited, which is regulated in the United Kingdom by The Securities and Futures Authority Limited, is acting for Drummond and no-one else in connection with the Offers and will not be responsible to anyone other than Drummond for providing the protections afforded to customers of Brown, Shipley & Co. Limited nor for giving advice in relation to the Offers.
1 Year Diamond Life. Chart |
1 Month Diamond Life. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions