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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Jumpit | LSE:JUM | London | Ordinary Share | NO0010139348 | ORD NOK 0.025 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6456G Jumpit ASA 30 October 2007 Jumpit ASA ("Jumpit" or the "Company") The Board of Jumpit has today received an offer from Springfield AS for the entire issued share capital of the Company at a price of NOK 0.05 (approximately 0.45 pence) per share (the "Offer Price"). Springfield AS's offer states that they reserve the right to withdraw the offer if the offer is not accepted by shareholders representing 50.1% of the issued share capital of the Company. The Chairman of the Board, Christian Borchgrevink and Board Member, Petter Sorlie who have combined holdings, directly and indirectly, of shares representing 20.8% of the issued share capital have agreed to sell their shares at the Offer Price on the condition that 50.1% of the issued share capital is acquired by Springfield AS. The offer is governed by Norwegian law and practice. The Board understands that documentation will be sent to shareholders in due course setting out the terms of, and other details of, the offer. The Board will revert to shareholders as soon as possible with a recommendation; in the meantime it advises shareholders to take no action. Springfield AS is an investment company and majority owner of IT-Venture AS which is the holding company for three companies in the mobile content and applications industry, Pinjata AS, Telelink SA and 3g3Mobile AS. Enquiries: Jumpit Morten Hansson + 47 67 82 70 40 Chief Executive Officer HansonWesthouse Bill Staple 020 7601 6100 Martin Davison This information is provided by RNS The company news service from the London Stock Exchange END OFFMGMFGVGRGNZM
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