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MSY Misys

349.70
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Misys MSY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 349.70 01:00:00
Open Price Low Price High Price Close Price Previous Close
349.70 349.70
more quote information »

Misys MSY Dividends History

No dividends issued between 24 Apr 2014 and 24 Apr 2024

Top Dividend Posts

Top Posts
Posted at 03/2/2012 07:51 by cockneyrebel
Evening Standard were saying a bid of £5+ a couple of nights ago - MSY have already rejected a £4 bid in recent times from Fidelity 6 months ago I believe.

CR
Posted at 03/2/2012 07:27 by cool runnings
Wow, if Msy can reject 425p in cash from Fidelity, as they wanted 450p in cash then this deal must value msy at 500p?? Plus Fidelity free to bid again as from tomorrow!!
Posted at 10/8/2011 11:57 by dr knowledge
Value Act now holding over 21% - I reckon we could still see a bid for MSY very soon, perfect time for a predator now FIS are out of the frame. ;-)
Posted at 20/7/2011 09:21 by abcd1234
.................................
Misys Shares Advance as Agreement on Sale to National Fidelity May Be Near
Jul 20, 2011 8:37 AM

Misys Plc (MSY) rose as much as 8.4 percent in London trading after people with direct knowledge of the situation said the U.K. software maker is nearing an accord to be bought by Fidelity National Information Services Inc. (FIS)

Misys's board was to vote on Fidelity National's offer yesterday and may announce a deal this week if it accepts the proposal, said one of the people, who declined to be identified because the talks are private. Fidelity National, a provider of banking and payment technology, said last month it made a "preliminary approach regarding a possible cash offer for Misys."

Misys climbed as much as 31.9 pence to 413.3 pence, the steepest gain in a month, and traded at 411.9 pence as of 8:35 a.m. in London, giving the company a market value of 1.4 billion pounds ($2.3 billion). Jacksonville, Florida-based Fidelity National added 2.7 percent to $29.78 in New York trading yesterday.

Phil Branston, a spokesman for Misys, declined to comment. Marcia Danzeisen, a spokeswoman for Fidelity National, didn't return a call seeking comment.

The London-based provider of software for the financial industry would help Fidelity National reduce its reliance on the U.S., where it derives more than 80 percent of revenue.

Misys makes software for cash, wealth and risk management as well as for syndicated lending, over-the-counter derivatives trading and post-trade processing. It has more than 1,200 banking customers in 12 countries, according to its website.

............................................
Posted at 20/7/2011 08:15 by dr knowledge
Listened to their webcast last night (FIS)- a lot of people asked about MSY - "We will inform the market when we have news to report" was the answer, Looking good, question is at what price will she go? ;-)
Posted at 20/7/2011 07:53 by abcd1234
BLOOMBERG 20th July

Misys Plc (MSY) : Fidelity National Information Services Inc., a provider of banking and payment technology, is near an agreement to buy the U.K. software maker, said three people with direct knowledge of the situation.
Posted at 27/1/2011 08:48 by marketeer4
Company Misys PLC
TIDM MSY
Headline First Half Results Statement
Released 07:00 25-Jan-2011
Number 12327-2614



25 January 2011



Sophis acquisition on track

45% adjusted earnings per share growth for the 6 months to 30 November 2010




Misys plc (FTSE: MSY.L), the global application software and services company
serving the financial services industry, announces results for the six months
ended 30 November 2010.



Corporate highlights

Allscripts majority divestment successfully completed, leading to a £620m
profit on disposal.



Return of £525m from the Allscripts divestment proceeds to Misys shareholders
through a tender offer.

Further £145m to be returned pro rata to shareholders with an accompanying
share consolidation subject to shareholder approval.



Acquisition announced of Sophis, creating the leading capital markets platform
- enterprise value €435m (£370m at £1:€1.175). Shareholder approval meeting in
February.



Financial & Operational highlights (continuing operations)

Order intake up 4% to £81m- up 3% on a constant currency basis



Revenue up 2% to £161m - flat on a constant currency basis



Adjusted operating profit £23m - up 5% on a constant currency basis, down 3% as
reported



Adjusted basic earnings per share up 45% due principally to lower interest
costs resulting from debt reduction



Treasury & Capital Markets (TCM) revenue up 3% to £83m (at constant currency)



TCM order intake down 5% (at constant currency) due to delayed sales, most of
which have now closed



TCM's market position continued to strengthen with 10 new name wins and large
installed base upgrades



Banking orders up 9% including a 25% increase in the 2nd quarter. Revenue down
3% (all at constant currency)



60% of ILF order intake in Banking was from new solutions (2009/10: 16%)



BankFusion adoption on track with 13 orders in the period





Chief Executive Mike Lawrie comments

'The first half has been a period of great progress with our strategy and
corporate structure.



We divested our Allscripts investment to become a pure play financial services
software company. We returned £525m of the proceeds to our shareholders and
intend to return £145m more. We announced the acquisition of Sophis to create
the leading capital markets platform.



We grew revenues in our Treasury & Capital Markets division and, shortly after
the period end, closed most of the deals that had slipped out of the first
half. In our Banking division we saw BankFusion and other new solutions
bringing growth in orders of 9%. Our services business also improved.



Our medium-term financial targets, which were updated with the Sophis
acquisition, are unchanged: annual revenue growth of 5-8% and adjusted
operating margins of 20-23% for the Misys Group including Sophis.'



Financial Results Summary

2010/ 2009/10 2009/10 Constant
Continuing Operations, £m unless stated 11 currency
reported Constant growth
currency

Order Intake
81 78 79 2.7%
Excludes maintenance and transaction processing
fees

Revenue 161 158 161 0.2%

Adjusted Operating Profit

Before exceptionals, acquired intangible asset 23 23 22 4.6%
amortisation, exchange differences on reserves,
embedded derivatives losses

Adjusted Operating Margin 14.0% 14.7% 13.4% +0.6pp

Operating Profit 18 23 - -

Profit after taxation 15 12 - -

Profit after taxation including discontinued 634 28
operations

Basic Earnings Per Share including discontinued 118.9p 4.0p - -
operations

Adjusted Basic Earnings Per Share 2.9p 2.0p - -




A reconciliation between Operating Profit and Adjusted Operating Profit is on
page 3 and an explanation of constant currency comparisons against the prior
year is provided on page 10.



Continuing operations excludes results from Allscripts which are reported
separately in the accounts as discontinued operations.





Enquiries



Phil Branston

Director of Investor Relations

T: +44 (0) 203 320 5503

M: +44 (0) 789 906 5115

phil.branston@misys.com
Posted at 27/1/2011 08:47 by marketeer4
Regulatory Story
Go to market news section

Company Misys PLC
TIDM MSY
Headline Proposed Return of Cash to Shareholders
Released 07:01 25-Jan-2011
Number 12156-5776



25 January 2011

Misys plc ("Misys" or the "Company")

Announcement of terms of the return of approximately £145 million to
shareholders via a B share scheme

Return of 38 pence per ordinary share

7 for 8 share consolidation

The Company today announces the return of approximately £145 million by way of
a B share scheme, which gives shareholders a choice between receiving the cash
in the form of income or capital. The return will be accompanied by a
proportional share consolidation to maintain broad comparability of the share
price, earnings per share, dividend per share and other per share data. Further
details are set out below.

Background

In 2010, Misys disposed of the majority of its 54.6 per cent. shareholding in
Allscripts (the "Disposal"). The Board stated that it intended to return to
Shareholders, by way of a tender offer, substantially all of the net proceeds
of the Disposal being £670 million (the "Disposal Proceeds"). Shareholders
subsequently voted in favour of the proposed Tender Offer at the General
Meeting held on 13 August 2010. On 15 November 2010 a shareholder circular in
relation to the Tender Offer was posted to Misys shareholders and on 16
December 2010 Misys announced the result of the Tender Offer (the "Tender Offer
Announcement"). 169,354,057 Ordinary Shares were tendered and were repurchased,
for a total cost of approximately £525 million.

The Tender Offer Announcement also contained a statement that the Board
remained committed to the return to the Company's shareholders of £145 million,
being the balance of the £670 million Disposal Proceeds allocated for return.

Misys announces that it is today posting a circular (the "Circular") to its
shareholders and convening a General Meeting, to be held on 11 February 2011,
to obtain shareholder approval for the proposed return of approximately £145
million cash to shareholders.

Details of the B share scheme

Subject to shareholder approval, shareholders will receive one B share for
every existing ordinary share that they hold on 11 February 2011. Shareholders
will be able to elect between the following choices in respect of those B
shares:

* To receive a single dividend of 38 pence per B share for some or all of
their B shares;

* To have some or all of their B shares redeemed on the Initial Redemption
Date at 38 pence per B share, free of all dealing and commissions; or

* To have some or all of their B shares redeemed at the Final Redemption Date
at 38 pence per B share, free of all dealing expenses and commissions.

Shareholders who decide to have only part of their holding of B shares redeemed
on the Initial Redemption Date or choose not to receive the single B share
dividend in respect of their B shares, will have the remainder of their B
shares redeemed on the Final Redemption Date at 38 pence per B share.

Shareholders who do not elect, or who are not eligible to elect, for any of the
B share alternatives will have their B shares redeemed at the Final Redemption
Date at 38 pence per B share.

A share consolidation will take place in conjunction with the B share scheme.
Existing ordinary shares will be subdivided and consolidated so that
shareholders receive 7 New Ordinary Shares (subject to fractional entitlements)
for every 8 existing ordinary shares held on 11 February 2011. The intention is
that the intrinsic value of one New Ordinary Share immediately after Listing of
the New Ordinary Shares should be approximately equal to the intrinsic value of
one Existing Ordinary Share immediately before the consolidation.

The effect of the share consolidation will be to reduce the number of issued
ordinary shares to reflect the return of 38 pence per ordinary share, but
shareholders will own the same proportion of Misys issued share capital
immediately following the consolidation as they did previously (subject to
fractional entitlements).

The New Ordinary Shares will be traded on the London Stock Exchange in the same
way as existing ordinary shares and will be equivalent to the existing ordinary
shares in all material respects, including their dividend, voting and other
rights.

Full details of the B share scheme and share consolidation are contained in the
Circular to shareholders.

Copies of the Circular will be available from or can be inspected at the
registered office of Misys plc One Kingdom Street, London, W2 6BL and the
offices of Allen & Overy LLP One Bishop's Square, London, E1 6AD. Copies will
also be available on the company's website: www.misys.com

Expected timetable of principal events

Latest time and date for receipt of 9.50 am on 9 February 2011
Electronic Proxy Instruction, CREST
Proxy Instruction or Form of Proxy for
General Meeting

General Meeting 9.50 am on 11 February 2011

Latest time and date for receipt of 4.30 pm on 18 February 2011
Election Forms or TTE instructions in
relation to the B Share Alternatives
and Election Form Effective Date

Despatch of cheques and bank accounts 4 March 2011
credited, as appropriate, in respect of
Single B Share Dividend (Alternative 1)

Despatch of cheques and CREST accounts 4 March 2011
credited, as appropriate, in respect of
the B Shares redeemed on the Initial
Redemption Date (Alternative 2)

Despatch of cheques and CREST accounts 14 April 2011
credited, as appropriate, in respect of
B Shares redeemed on the Final
Redemption Date (Alternative 3)

Enquiries

Phil Branston, Director of Investor Relations

T: +44 (0) 203 320 5503 M: +44 (0) 789 906 5115

phil.branston@misys.com

About Misys

Misys (FTSE: MSY.L) provides integrated, comprehensive solutions that deliver
significant results to organisations in the financial services industry. Misys
maximises value for its customers by combining deep knowledge of their business
with commitment to their success. In banking and in treasury & capital markets,
Misys is a market leader, with over 1,200 customers, including all of the
world's top 50 banks. Misys employs over 3,500 people who serve customers in
more than 120 countries. Misys aspires to be the world's best application
software and services company.
Posted at 22/12/2010 10:16 by marketeer4
MSY are to return £145 million by way of a pro rata return of capital to shareholders together with an accompanying share consolidation to reflect this return of capital. This will be completed after receiving shareholder approval.

The tender offer saw 169.35 million ordinary shares purchased at a strike price of 310p which amounted to 30.6% of Misys ordinary share capital.

The future looks bright for Misys which should see likely growth in new financial markets throughout the world.

I am sure that those who held their shares back from the tender offer will think it was a good move and will not regret it.

DYOR.
Posted at 16/12/2010 09:29 by hell_fire_corruption
MSY quick out of the starting blocks this morning

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