We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 |
RNS Number:2449M InTechnology PLC 22 January 2008 InTechnology plc ("InTechnology" or "the Company") Result of Tender Offer 1. Introduction On 30 October 2007 within its interim results, the Company announced its proposals, inter alia, to cancel the admission of its Ordinary Shares to trading on AIM and to purchase Ordinary Shares by way of the Tender Offer. Defined terms in the circular sent to shareholders on 9 November 2007 bear the same meanings in this announcement. 2. Tender Offer A maximum of 24,285,714 Ordinary Shares may be purchased under the Tender Offer, representing approximately 17.1 per cent. of the issued ordinary share capital of the Company, at a price of 35 pence per Ordinary Share. InTechnology has received valid elections for an aggregate number of 10,575,821 Tender Offer Shares, representing 7.4 per cent. of the issued share capital of the Company. Tender Offer Shareholders who have elected to sell more than their Basic Amount will therefore be able to sell 100 per cent. of their holding of Tender Offer Shares. The Tender Offer is to be effected by Panmure Gordon purchasing Tender Offer Shares as principal at a price of 35 pence per Tender Offer Share and then selling such Tender Offer Shares on the London Stock Exchange to the Company for cancellation pursuant to the Repurchase Agreement. The Tender Offer is conditional upon (i) the approval of the Capital Reduction and Cancellation at the Court Hearing to be held on 23 January 2008, (ii) the Repurchase Agreement becoming unconditional. If these conditions are not satisfied, the Tender Offer will be void. On satisfaction of these conditions, the Tender Offer will occur on 28 January 2008. 3. Delisting The Delisting will take place on 1 February 2008 regardless of whether the conditions set out above have been satisfied. Further announcements will be made as appropriate. 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 TENPUUGUGUPRGBG
1 Year Intechnology Chart |
1 Month Intechnology Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions