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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Triplearc | LSE:TPA | London | Ordinary Share | GB0031067340 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.92 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0653S TripleArc PLC 14 November 2003 TripleArc plc 14 November 2003 PRESS RELEASE Not for release, publication or distribution in or into the United States of America, Canada, Australia or Japan. TripleArc plc Recommended Offer made by Canaccord Capital (Europe) Limited on behalf of TripleArc plc for Access Plus PLC Offer unconditional as to acceptances Extension of Offer and level of acceptances TripleArc plc ("TripleArc") announces that as at 3.00 pm on 13 November 2003, being the first closing date of the Offer, TripleArc had received valid acceptances for the Offer in respect of a total of 17,454,600 Access Plus PLC ("Access Plus") Shares, representing approximately 93.69 per cent. of the issued share capital of Access Plus. Accordingly, TripleArc has declared the Offer unconditional as to acceptances. The Extraordinary General Meeting to, inter alia, approve the Offer is due to take place on 17 November 2003, following which it is expected that the Offer will be declared wholly unconditional save only for Admission. TripleArc also announces that the Offer, excluding the facility for the Mix and Match Election which closed at 3.00pm on 13 November 2003, has been extended and will remain open for acceptance until 3.00 pm on 27 November 2003. Prior to the announcement of the Offer, TripleArc received irrevocable undertakings to accept the Offer from certain Access Plus Shareholders (including the Access Plus Directors) in respect of a total of 8,163,031 Access Plus Shares and a letter of intention from another Access Plus Shareholder to accept the Offer in respect of 1,369,145 Access Plus Shares, representing approximately 43.82 per cent. and 7.35 per cent. respectively of the existing issued share capital of Access Plus. As at 3.00 pm on 13 November 2003, save for acceptances relating to 9,146 Access Plus Shares, valid acceptances had been received pursuant to all these undertakings and the letter of intention and are included in the valid acceptances disclosed above. Access Plus Shareholders who have not yet accepted the Offer and wish to do so, should complete their Forms of Acceptance in accordance with the instructions printed thereon and despatch them to Computershare Investor Services PLC as directed on the Forms of Acceptance as soon as possible, but, in any event, so as to be received by no later than 3.00 pm on 27 November 2003. Prior to the announcement of the Offer, TripleArc did not own any Access Plus Shares and has not acquired any Access Plus Shares during the Offer Period. Canaccord Capital (Europe) Limited, which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for TripleArc and no one else in connection with the Offer and other matters described herein and will not be responsible to anyone other than TripleArc for providing the protections afforded to clients of Canaccord Capital (Europe) Limited or for giving advice in relation to the Offer or any other matter described in this announcement. Rowan Dartington & Co. Limited, which is regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Access Plus in connection with the Offer and will not be responsible to anyone other than Access Plus for providing the protections afforded to customers of Rowan Dartington or for giving advice in relation to the Offer or the contents of this announcement or any transaction or arrangement referred to herein. The Offer is not being made directly or indirectly in or into the United States, Canada, Japan or Australia. Accordingly, copies of this announcement are not being, and must not be, mailed or otherwise distributed or sent in or into or from the United States, Canada, Japan or Australia. The availability of the Offer to persons outside the United Kingdom may be affected by the laws of other jurisdictions. Such persons should inform themselves about and observe any applicable requirements of those jurisdictions. To the best of the knowledge and belief of the TripleArc Directors and the Access Plus Directors (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement for which they respectively take responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information. Words and expressions defined in the offer document from TripleArc to Access Plus Shareholders dated 23 October 2003 shall have the same meaning in this announcement, unless the context otherwise requires. This information is provided by RNS The company news service from the London Stock Exchange END OUPBCBDBRBBGGXX
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