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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ide Group Holdings Plc | LSE:IDE | London | Ordinary Share | GB00BN4M3M55 | 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% | 72.50 | 70.00 | 75.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIDE
RNS Number : 9242N
IDE Group Holdings PLC
24 January 2019
IDE Group Holdings Plc
(the "Company")
Open Offer to Subscribe for Loan Notes
IDE Group Holdings plc, the mid-market network, cloud and IT Managed Services provider, announces that pursuant to the announcement made on 10 January 2019, it is today posting a letter to shareholders along with an application form in relation to the open offer to subscribe for up to GBP4.7 million secured loan notes on the basis of 1 GBP1 loan note for every 40 existing ordinary shares held by shareholders* at the record date, being 21 January 2019, not 9 January 2019 as per originally announced.
A copy of the letter and loan note instrument constituting the loan notes can be found on the Company's website www.idegroup.com.
Where undefined, all capitalised terms in this announcement will have the same meaning as defined in the announcement published on 10 January 2019.
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
2019 Record Date and time for entitlements Close of business on under the Open Offer 21 January Publication and posting of this Letter 24 January and the Application Form Ex-entitlement Date 25 January Latest time and date for splitting Application 3.00 p.m. on 7 February Forms (to satisfy bona fide market claims only) Latest time and date for receipt of completed 11.00 a.m. on 11 February Application Forms from shareholders and payment in full under the Open Offer Expected date for despatch of loan note 22 February certificates
* other than MXC and Blake who subscribed for the First Tranche Loan Notes. MXC is underwriting the Open Offer.
IDE Group Holdings Plc Tel: +44 (0)344 Andy Parker, Executive Chairman 874 1000 finnCap Limited Tel: +44 (0)20 7220 Nominated Adviser and Broker 0500 Corporate finance: Jonny Franklin-Adams/ Scott Mathieson/ Hannah Boros ECM: Tim Redfern/ Richard Chambers MXC Capital Markets LLP Tel: +44 (0)20 7965 Financial Adviser 8149 Charlotte Stranner
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
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(END) Dow Jones Newswires
January 24, 2019 02:00 ET (07:00 GMT)
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