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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 |
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
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