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ITO Intechnology

24.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Intechnology LSE:ITO London Ordinary Share GB0001388932 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% 24.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Completion of Tender Offer

28/01/2008 3:39pm

UK Regulatory


RNS Number:6939M
InTechnology PLC
28 January 2008


               InTechnology plc ("InTechnology" or "the Company")

                           Completion of Tender Offer


InTechnology, the voice and data Managed Services provider, is pleased to
announce that in accordance with the terms of the Tender Offer, Panmure Gordon
has today purchased 10,575,821 Tender Offer Shares as principal at a price of 35
pence per Tender Offer Share.

Settlement

Settlement of the consideration to which any Tender Offer Shareholder is
entitled pursuant to tenders accepted by Panmure Gordon, complete in all
respects, will be made as follows:

1. Shares in uncertificated form (that is, in CREST)

Cash consideration will be paid through CREST by Panmure Gordon procuring the
creation of an assured payment obligation by 31 January 2008 in favour of the
payment banks of accepting Tender Offer Shareholders in accordance with the
CREST assured payment arrangements.

2. Shares in certificated form

Cheques for the consideration will be despatched by first class post by 31
January 2008 at the risk of the person(s) entitled thereto. All cash payments
will be made in pounds sterling by cheque, drawn on a branch of a UK clearing
bank.

Delisting of Ordinary Shares

The Delisting will take place on 1 February 2008 as previously announced.


Enquiries:

InTechnology plc                                         01423 850 000
Peter Wilkinson / Andrew Kaberry / Richard James

Panmure Gordon                                           020 7459 3600
Dominic Morley

Financial Dynamics                                       020 7831 3113
James Melville-Ross / Hannah Sloane



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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