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NTWX Nettworx

6.625
0.00 (0.00%)
01 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nettworx LSE:NTWX London Ordinary Share GB00B0TLVX30 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% 6.625 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Termination of Discussions

18/02/2008 5:05pm

UK Regulatory


RNS Number:2488O
Coms PLC
18 February 2008


                                    Coms plc                                    
                           ("Coms" or "the Company")                            


                             Offer Talks Terminated                             


On 13 December 2007, it was announced that Coms was in discussions with
Sim4Travel Holdings plc ("Sim4Travel") (PLUS: SIMO) which may have led to an
offer for the whole of the issued share capital of Sim4Travel. The board of Coms
today announces that the discussions have now been terminated.

Accordingly, the conditional, irrevocable and binding undertaking given to Coms
by Nettworx plc, one of Sim4Travel's principal shareholders, will terminate with
immediate effect.

Jason Drummond, executive chairman of Coms, said: "Coms remains committed to
VoIP and mobile phone convergence and will seek alternate methods of expanding
in this sector".


For further information contact:

Coms plc

Richard Bennett, Corporate Development Officer

Tel: +44 (0)20 7148 3600


HB Corporate

Rod Venables/Rachel Kane/Rory Creedon

Tel: +44 (0)20 7510 8600




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

END
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