Dignity Share Discussion Threads

[spcecks] 23/4/2004 21:18

neopolitan,thanks for link ,dont know what above means.

[neopolitan] 23/4/2004 19:06

Robbie Burns article:



Can anyone enlighten me as to what a stabilisation notice means?

[spcecks] 23/4/2004 15:18

does he have a large following Eastbourne1982.

[eastbourne1982] 23/4/2004 15:05

Robbie Burns frequent trader has bought these today.

[spcecks] 23/4/2004 14:47

bought into this one today as i think its cheap.

[blowson2000] 23/4/2004 10:29

thinking of getting into this one.a nice unfashionable one.price to buy 252p today.

[bigbobjoylove] 22/4/2004 14:49

unique and interesting this one,floated cheap and may prove a nice bet.

[ftreader] 08/4/2004 18:01

any idea what the forecasts are for profits/ PE ratios etc?

[clintonville] 04/4/2004 13:38

Thanks Ariane! Very informative.

[ariane] 03/4/2004 11:22

Courtesy of the IPOS thread



maywillow - 1 Apr'04 - 19:45 - 55 of 55


RNS Number:2592X
Dignity Ltd
01 April 2004


This announcement has previously been released under the company name Lazard &
Co Ltd today at 16.46 under RNS number 2520X.








Stabilisation Notice

Pursuant to Core Dealing Rule 3060-3061, Panmure Gordon, a division of Lazard &
Co., Limited hereby notifies the London Stock Exchange that it may stabilise the
initial public offering of 65,217,390 ordinary shares of 7p each in Dignity plc.

1. Security to be stabilised: Dignity plc

2. Security Identifier: GB00B00GD199

3. Stabilising Manager: Panmure Gordon (Gilbert Ellacombe 020 7187 2453)

4. Stabilisation period commences 2nd April 2004 at 08:00 London time

5. Stabilisation period ends: 30th April 2004 at close of business

6. Offer price: 230 pence per share

7. There will be an over-allotment option of 15% (corresponding to 9,782,609
shares)


Stabilisation / FSA

1 April 2004



This information is provided by RNS
The company news service from the London Stock Exchange
END

[ariane] 03/4/2004 11:17

April 01, 2004

Dignity to float at 230p per share



Britain’s largest provider of funeral services will be valued at £184 million when it floats on the stock market tomorrow.



Shares in Dignity have been priced at 230p - at the lower end of the range announced by the company last month.

The firm, which operates 507 funeral homes and 21 crematoria across the country, said the placing had attracted strong demand from "quality institutional investors" and was oversubscribed.

Conditional dealings among institutions will begin tomorrow, with full trading expected on April 8.

Chief executive Peter Hindley and three other directors will share around £5.5 million, or 3 per cent of the company’s value, through the sale of shares, but will retain two-thirds of their stake in the firm.

Mr Hindley said he was pleased with the share price despite it being at the lower end of expectations.

"It is a difficult market at the moment, the stockmarket is very jittery," he said.

The move represents a return to the market for the Sutton Coldfield-based business, which was taken private in 1994 following the acquisition of two public companies - Great Southern and Plantsbrook - by a US firm.

Up to now it has been owned by the management and private equity company Montagu.

Last year, Dignity conducted 69,012 funerals, representing 11.7 per cent of total deaths in Britain, and 39,342 cremations, equal to 6.6 per cent of deaths.

Dignity has said that Britain’s stable death rate of approximately 600,000 deaths a year since 1950 gives it a constant source of revenue. It also believes there is potential for expansion of the firm, given the number of funeral directors wishing to sell their businesses. The company will use the money raised through the flotation on the main market to reduce debt.

[clintonville] 02/4/2004 20:49

launched at 230p today. Ended at 2331/2p Anyone with more details.

[grupo guitarlumber] 02/4/2004 12:26

Limo, can you include the advfn facility for news and charts into your header please

[limousine] 02/4/2004 11:46

New Stock , New thread