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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ibex Glbl | LSE:IBEX | London | Ordinary Share | GB00BBCRF441 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 113.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMIBEX
RNS Number : 9292N
IBEX Global Solutions plc
01 November 2016
1 November 2016
IBEX Global Solutions plc
("IBEX", "Company" or "the Group")
Notice of proposed cancellation of trading on AIM
The Company notes the announcement on 21 October 2016 of the recommended cash offer by India Bidco Limited (a company wholly-owned and controlled by The Resource Group International Limited, the Company's controlling shareholder) ("India Bidco") to acquire the entire issued and to be issued ordinary share capital of IBEX not already owned by India Bidco or persons acting in concert with it (the "Offer").
The Company notes from the announcement of the Offer that, following the Offer becoming or being declared unconditional in all respects, India Bidco intends to seek to cancel the admission of IBEX Shares to trading on AIM as soon as possible thereafter (the "Cancellation").
The Company hereby gives notice to Shareholders of the proposed Cancellation which, subject to the Offer becoming or being declared unconditional in all respects and subject to India Bidco receiving valid acceptances under the Offer in respect of, and/or having otherwise acquired, such number of IBEX Shares as would, together with the IBEX Shares in which the TRGI Group is already interested, result in the TRGI Group being interested in more than 75 per cent. of the issued share capital of IBEX, will take place at least five Business Days after the Offer becomes or is declared unconditional in all respects and no earlier than 7:00 a.m. on 18 November 2016.
IBEX will provide further details of the Cancellation in due course. Capitalised terms in this announcement have the meaning given to them in the announcement of the Offer which can be found at www.ibexglobal.com.
IBEX Global Solutions plc Tel: +44 800 043 Robert Dechant, CEO 4329 Karl Gabel, CFO Liberum Capital Limited Tel: +44 20 3100 Nominated Adviser and Joint Broker 2000 Steve Pearce Richard Bootle Robert Johnson Cenkos Securities PLC Tel: +44 20 7397 Joint Broker 8900 Liz Bowman Camilla Hume Alma PR Limited Tel: +44 7780 Public Relations Adviser 901 979 Josh Royston Robyn McConnachie
About IBEX
IBEX is a leading global provider of business process outsourcing services. Headquartered in Washington, DC and quoted on the London Stock Exchange (AIM: IBEX), IBEX maintains a global workforce of over 10,000 serving more than 70 leading corporations with complex, enterprise-scale outsourcing solutions. With operational presence in the United States, the Philippines, Pakistan, Senegal, and United Kingdom, IBEX delivers a multi-language and multi-cultural service capability focused on innovation and adding intellectual value.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
November 01, 2016 03:00 ET (07:00 GMT)
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