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NIS Northgte.Inf.

95.25
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Northgte.Inf. LSE:NIS London Ordinary Share GB0005583728 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 95.25 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Northgate Information Solutions Share Discussion Threads

Showing 5551 to 5575 of 6250 messages
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DateSubjectAuthorDiscuss
01/8/2007
07:40
Northgate Information Solutions PLC
01 August 2007


NORTHGATE INFORMATION SOLUTIONS PLC

NORTHGATE REACHES SQUEEZE-OUT THRESHOLD IN RELATION TO ACQUISITION OF ARINSO


Northgate Information Solutions plc ('Northgate') has today announced in Belgium
that it has acquired over 95% of the share capital of Arinso International NV
('Arinso') pursuant to a mandatory public offer under Belgian law which
concluded on 27 July 2007 (the 'Bid'), and will now begin the 'squeeze-out'
procedure under Belgian law, after which Northgate will own 100% of the share
capital of Arinso.

The text of the Belgian announcement is set out below:

At close of the Bid on 27 July 2007 Northgate had acquired 2,419,022 shares in
Arinso, which brings its shareholding up to 97.47%. Payment of the Bid price of
25.00 Euro in cash per Arinso share will occur on 7 August 2007.

In accordance with Article 513 of the Belgian Companies Code and Article 32,
section 3 of the Royal Decree of 8 November 1989, and as announced in the
prospectus, Northgate is launching a public squeeze-out bid for the remaining
Arinso shares not yet acquired by it. The squeeze-out bid will run from 1 to 22
August 2007 (inclusive), and is made on the same terms, i.e. 25.00 Euro per
Arinso share.

The results of the squeeze-out bid will be announced in the Belgian financial
press within five working days from the expiration date of the squeeze-out bid,
i.e. no later than 29 August 2007. Sellers accepting the squeeze-out bid will be
paid within five working days after announcement of the results, by wire
transfer to the bank account designated by the seller in the acceptance form. By
operation of law, Northgate will acquire title to the Arinso shares which are
not tendered into the squeeze-out bid, with consignation of the price to the
Deposit and Consignment Office. The shareholders will carry the cost of payment
of the deposited funds. The deposited funds become the property of the Belgian
State after 30 years.

hotfinance14
31/7/2007
21:59
No, but I wonder if they are a bit desperate for custom.

I have had letters in the post, emails, and even a phone call from them recently. Do they really want to make me rich I ask myself LOL.

Nah, they just want my money.

slaterlp
27/7/2007
14:29
anyone which 2 tech stocks TW is tipping?
superglide
27/7/2007
09:05
any comments guys n gals?
superglide
26/7/2007
23:05
It's fair to say that problems with sub-prime (i.e risky) mortgages in the USA won't have a direct impact on NIS....but the markets are spooked and everything is down.

It'll sort itself out soon enough.

jazza
26/7/2007
17:51
I know everyone and their dog puts any fall down to "the market" but in this case it is as the company's future is robust with solid restructure gains to be had from Arenso - nothing Stone hasn't dealt with before imho
grlz
26/7/2007
10:47
beercapafn
Yes, I appreciate that. I was questioning whether it was back there because it was following an established pattern or whether it was due to the aberrations of current market conditions.

lightning
26/7/2007
10:43
Hi Lightning

79.75 - 80.00... it's back there.

Jim

beercapafn
26/7/2007
10:32
beercapafn
I think it may be a bit early to come to that conclusion, given the way the markets are jumpimg around at the moment.

lightning
25/7/2007
16:12
Looks like we are back to the typicial bump up after results then a slide back to the magic £0.80.
beercapafn
20/7/2007
08:37
still a hold on british bulls as of 19th eod
superglide
18/7/2007
11:46
Their previous buying was at 76-80p also i think, not too long ago, like last April lol
superglide
17/7/2007
22:44
I am tempted. Insiders ( ie. the directors who bought ) are a stingy lot when it comes to buying their own companies.

It is generally only when it looks a sure fire bet.

I may follow.

chrismcglone
17/7/2007
15:32
well it aint me lol, but we are a hold on british bulls after a buy confirmed. btw anyone know anything about star trader programme? regards
superglide
17/7/2007
14:48
Somebody is very confident.
hotfinance14
17/7/2007
14:21
£420,000 Not pocket money, that's for sure.
lightning
17/7/2007
13:58
Nice purchase.
hotfinance14
17/7/2007
13:55
500,000 Shares bought at 84p and shown as an "O" trade, not me, cant afford that sort of money.
lightning
16/7/2007
14:59
hot - just recently their PR have being making greater play of contract wins etc - once upon a time it was silence....

I agree the price is cheap given Stone's history in restructuring. I expect 110p within 22 weeks. I am very confident as Carapeople delivered gains - Rebus delivered gains - Sx3 delivered gains, all of which were double digit.

DYOR

grlz
15/7/2007
12:16
In the Telegraph last week it stated NIS are cheap at ten times at 12 times 2008 forecasts and supported by break-up talk.Recent weakness an opportunity.Buy.
hotfinance14
15/7/2007
09:31
I am much more confident now Ken.With the big director buys I wonder what Stones forecast share price is...over 150p within 2 years I bet.
hotfinance14
15/7/2007
09:11
Good morning Hot. Do you keep a record of how many times you've said that?
kenbachelor
15/7/2007
07:42
I expect to see 90p early this week.Everything looks positive.
hotfinance14
14/7/2007
20:08
13.07.07 :+2.75, (86.25) Morgan Stanley reiterated its 'overweight' stance, according to dealers. In a note this morning, Morgan Stanley said it was staying 'overweight' with 22% implied upside to its 100 pence price target as the positives (valuation) outweigh the risks (weak earnings and high gearing). It said Northgate's recent human resources acquisition Arinso is key, and the broker sees 40% upside to its 115 pence 'bull' case in the event of its successful integration. It said that Northgate remains cheap on most measures, and that one negative for the stock seems to be lifting as growth and orders improved significantly in H2 2007. The broker has cut its earnings estimates for 2008 to 6.06 pence per share from 6.65 pence and for 2009 to 7.23 pence from 7.61.
desperate dan
13/7/2007
15:21
Northgate Information Solutions PLC
11 July 2007


Notice of AGM/dividend date

Northgate Information Solutions plc, the UK's leading supplier of specialist
software and IT services for the Human Resources and Public Service markets,
hereby gives notice that its Annual General Meeting will be held at ABN AMRO,
250 Bishopsgate, London, EC2M 4AA on Thursday 27 September 2007.

The proposed dividend of 0.48p (making a total of 0.72p for the year) for the
year ended 30 April 2007 will be paid on Friday 2 November 2007, subject to
approval at the Annual General Meeting, to shareholders on the register as at
Friday 28 September 2007.

hotfinance14
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