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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Feedback Plc | LSE:FDBK | London | Ordinary Share | GB00BJN59X09 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 62.50 | 60.00 | 65.00 | 62.50 | 62.50 | 62.50 | 168 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Computers | 1.03M | -2.92M | -0.2188 | -2.86 | 8.33M |
RNS Number:0024J Feedback PLC 24 February 2005 Feedback plc Statement re Pension Scheme The Board is pleased to announce that it has today received a determination from the Occupational Pensions Regulatory Authority ("OPRA") in relation to the Company's defined benefit pension scheme (the "Scheme"), which was closed to new entrants and to future benefits accruals on 31 July 2004. The Company made an application to OPRA in March 2004 to extend the period required to address the serious shortfall in the funding of the Scheme. OPRA has considered the Company's application and concluded that the period for the Scheme to meet the serious shortfall should be extended to 31 March 2010 and the period for the Scheme to meet the minimum funding requirement should be extended to 31 March 2020. The effect of this determination is that the Company can now reduce the contributions payable to the Scheme to #521,400 per annum. The Directors are very pleased with this positive outcome which puts a period of uncertainty behind the Company. 24 February 2005 Enquiries: David Sawyer 01892 653322 Chief Executive Feedback plc Philip Davies Charles Stanley & Co. Limited 020 7953 2457 This information is provided by RNS The company news service from the London Stock Exchange END STREAAALALPSEFE
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