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PON Psion

87.75
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Psion LSE:PON London Ordinary Share GB00B0D5VH57 ORD 15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 87.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Motorola Solutions Claims 94% of Psion, Offer Wholly Unconditional

01/10/2012 10:31am

Dow Jones News


Psion (LSE:PON)
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LONDON--Motorola Solutions, Inc. (MSI) said Monday that at 1200 GMT on Sept. 28 it either owned or had received valid acceptances of the offer in respect of 132.92 million Psion PLC (PON.LN) shares, or 93.91%, and that the offer is now unconditional in all respects.

MAIN FACTS:

-Offer will remain open for acceptances until further notice.

-As at 1200 GMT on Sept. 28, Motorola Solutions had received valid acceptances of the offer in respect of 118.84 million Psion shares, or 83.96% of Psion, and 93.23% to which the offer relates.

-Psion shares at 0900 GMT unchanged at 88 pence valuing the company at 124.55 million pounds.

-Write to Ian Walker at ian.walker@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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