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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Energypathways Plc | LSE:EPP | London | Ordinary Share | GB00BM9M0884 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -2.63% | 1.85 | 1.80 | 1.90 | 1.90 | 1.85 | 1.90 | 150,000 | 14:00:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 0 | -1.86M | -0.0701 | -0.26 | 504.45k |
RNS Number:1054H Panther Securities PLC 05 February 2003 For immediate release 5th February, 2003 Recommended Offer by John East & Partners Limited ("John East & Partners") on behalf of Panther Securities P.L.C. ("Panther") for Eurocity Properties plc ("Eurocity") Offer update and Compulsory acquisition On 8th November, 2002, the boards of Panther and Eurocity announced the terms of a recommended offer to be made by Panther for the whole of the issued ordinary share capital of Eurocity not already owned by Panther. The Offer is 23p in cash for each Eurocity Share held. John East & Partners and Panther announce that the Offer will close on 21st February, 2003. As at 11.00am on 5th February, 2003, Panther had received valid acceptances of the Offer in respect of 3,724,079 Eurocity Shares, representing approximately 63.92 per cent. of the issued share capital of Eurocity (of which holders of 642,581 Eurocity Shares had elected for the Share Alternative). In addition, Panther holds 1,687,563 Eurocity Shares, representing 28.97 per cent. of the issued share capital of Eurocity. Following settlement of the consideration to which any shareholder is entitled pursuant to valid acceptances received to date, Panther will hold 5,411,642 Eurocity shares, representing 92.73 per cent. of the issued share capital of Eurocity. As the acceptances received under the Offer are in respect of 90 per cent or more of the Eurocity Shares to which the Offer relates, Panther is entitled, and intends to exercise its rights pursuant to the provisions of sections 428 to 430F of the Act to acquire compulsorily the remaining Eurocity Shares. Panther intends to procure that Eurocity applies to the London Stock Exchange for the cancellation of the admission of the Eurocity Shares and Eurocity Warrants to trading on AIM. Terms defined in the Offer Document, dated 26th November, 2002, have the same meaning in this announcement save where the context requires otherwise. This information is provided by RNS The company news service from the London Stock Exchange END OUPTAMATMMMMBJJ
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