ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

TLNT Telent

596.00
0.00 (0.00%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Telent LSE:TLNT London Ordinary Share GB00B0S5CP58 ORD 87.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 596.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Delisting

04/12/2007 12:19pm

UK Regulatory


RNS Number:1268J
Telent PLC
04 December 2007

                                                                      Enquiries:

                                                                     Kevin Smith
                                                               Company Secretary
                                                       tel: +44 (0) 24 7656 3704
                                                e-mail: kevin.d.smith@telent.com



London - 4 December 2007 - telent plc (LSE: TLNT)


Delisting of telent plc ("telent" or the "Company") ordinary shares of 87.5
pence each in the capital of the Company (ISIN: GB00B0S5CP58) ("telent Shares")



Following the announcement dated 15 November 2007 by Co-Investment No. 5 L.P.
Incorporated, a limited partnership whose general partner is advised by Pension
Corporation LLP ("CILP") that its recommended cash offer to acquire the whole of
the issued and to be issued share capital of telent (the "Offer") has been
declared unconditional in all respects, telent announces that applications were
made earlier today by the Company to the Financial Services Authority for the
cancellation of the listing of telent Shares on the Official List and to the
London Stock Exchange for the cancellation of the admission of telent Shares to
trading on the London Stock Exchange's market for listed securities (the "
Cancellations").



In accordance with the Listing Rules of the Financial Services Authority and as
envisaged by CILP's offer document dated 2 October 2007 in respect of the Offer,
CILP now has, by virtue of its shareholdings and acceptances of the Offer,
acquired or agreed to acquire issued ordinary share capital carrying over 75% of
the voting rights attaching to the telent Shares.



The cancellation of trading and removal from the Official List is subject to a
20 business day notice period, which commences today.  telent anticipates that
the Cancellations will take effect at 8.00 am on 7 January 2008.  Therefore the
last day of trading in telent Shares will be 4 January 2008.



The Cancellations and delisting will significantly reduce the liquidity and
marketability of any telent Shares not acquired under the Offer at that time.





ENDS/...

Further information regarding telent and its activities is available via the
website, www.telent.com.



Copyright (c) telent plc 2007




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

MSCEAAALEFSXFFE

1 Year Telent Chart

1 Year Telent Chart

1 Month Telent Chart

1 Month Telent Chart