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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fidessa Group | LSE:FDSA | London | Ordinary Share | GB0007590234 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3,865.00 | 3,865.00 | 3,875.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMFDSA
RNS Number : 7928W
Fidessa Group PLC
03 August 2018
FOR IMMEDIATE RELEASE
3 August 2018
RECOMMENDED CASH OFFER
for
FIDESSA GROUP PLC ("FIDESSA")
by
ION CAPITAL UK LIMITED ("ION BIDCO")
BOARD CHANGES
1 Introduction
On 20 April 2018, the boards of Fidessa and ION Bidco announced that they had reached an agreement on the terms of a recommended all cash offer (the "Offer") to be made by ION Bidco for the entire issued and to be issued share capital of Fidessa. The full terms of, and conditions to, the Offer and the procedures for acceptance were set out in the offer document dated 18 May 2018 (the "Offer Document").
On 19 June 2018, ION Bidco announced that the Offer had been declared unconditional as to acceptances.
On 3 August 2018, ION Bidco announced that the Offer has become unconditional in all respects.
Defined terms used but not defined in this announcement have the same meanings as set out in the Offer Document.
2 Board changes
Fidessa announces changes to the composition of its board as a result of the Offer becoming unconditional in all respects. John Hamer, Richard Longdon, Ron Mackintosh, John Worby, Ken Archer and Ishbel Macpherson have resigned as directors of Fidessa, in each case with effect from 3 August 2018.
Enquiries:
Hot Features
Premium
Fidessa group plc
Chris Aspinwall
Andy Skelton +44(0)207 105 1000
A copy of this Announcement will be available, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on https://iongroup.com/ion-news/ and https://www.fidessa.com/offers-for-fidessa by no later than 12 noon (London time) on the business day following the date of this announcement.
The contents of the websites referred to in this announcement are not incorporated into and do not form part of this announcement.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
BOABXLFBVVFFBBV
(END) Dow Jones Newswires
August 03, 2018 06:23 ET (10:23 GMT)
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