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DLG Direct Line Insurance Group Plc

282.20
-1.40 (-0.49%)
20 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Direct Line Insurance Group Plc LSE:DLG London Ordinary Share GB00BY9D0Y18 ORD 10 10/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.40 -0.49% 282.20 282.20 282.40 287.00 281.00 284.80 6,100,821 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fire, Marine, Casualty Ins 3.69B 162.6M 0.1240 22.77 3.72B

Dialog Corporation - Acqn of Interest-Replacement

01/12/1999 5:11pm

UK Regulatory


RNS Number:7970B
Dialog Corporation PLC
1 December 1999

The following amendment has been made to the announcement released today at
16:12 under RNS No 7970B.

The headline now reads 'Acquisition of Interest' and not 'Acquisition of Shares'
as previously shown.  The full text shown below remains unchanged.
-------------------------------------------------------------------------------

                Dialog Announces Terms of Acquisition
                  of Remaining 30% Stake in Muscat
                                  
              - Natural Language Search Tool Developer
                     Now 100%-Owned by Dialog -

London, England, and Cary, N.C., 1st December, 1999: The Dialog
Corporation plc (LSE:DLG, NASDAQ:DIAL), a leading provider of
Internet-based information, technology and e-commerce solutions,
announced today the final terms of its acquisition of the remaining
30% interest in Muscat Ltd.  The purchase provides Dialog with 100%
ownership of the Cambridge, England-based provider of natural
language search tools on terms that were outlined at the time of
Dialog's August 1997 purchase of a 70% stake in Muscat.  The purchase
consideration for the 30% stake is #2,500,737 and is being satisfied
by the issue of 3,012,936 ordinary shares (equivalent to 753,234
American Depositary Shares).  Each ordinary share is valued at 83
pence, the average mid-market price of ordinary shares in The Dialog
Corporation over the five days prior to November 30, 1999.

The ordinary shares of 1p each in The Dialog Corporation issued to
satisfy the consideration will be issued credited as fully paid and
will rank pari passu in all respects with The Dialog Corporation's
existing ordinary shares.  Application has been made to the London
Stock Exchange for these shares to be admitted to the Official List
and this is expected to take place on Monday 6th December, 1999.


About The Dialog Corporation

The Dialog Corporation (http://www.dialog.com) is a leading provider
of Internet-based information, technology and e-commerce solutions,
created by the merger of M.A.I.D plc and Knight-Ridder Information
Inc.  The Dialog Corporation brands include the DIALOG, DataStar and
Profound range of products and services.  These brands provide
comprehensive, authoritative sources of information to professionals
worldwide.  The Dialog Corporation has world headquarters in London
and US headquarters in Cary, N.C.  Its American Depositary Shares
(ADS) are traded on NASDAQ under the symbol 'DIAL' with four Ordinary
Shares comprising one ADS; its Ordinary Shares trade on the London
Stock Exchange under the symbol 'DLG.'

For more information, please contact:

The Dialog Corporation plc:

Sara Parker                             +44 171 930 6900
Head of Corporate Communications
sara_parker@dialog.com

Tracey Johnston                         +44 171 930 6900
Corporate PR Manager
tracey_johnston@dialog.com

John Olsen/Nick Lockwood                +44 171 357 9477
Hogarth Partnership Ltd (for Dialog)
jolsen@hogarthpr.co.uk

END

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