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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tt Electronics Plc | LSE:TTG | London | Ordinary Share | GB0008711763 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.00 | 1.79% | 171.00 | 169.00 | 171.50 | 171.00 | 165.00 | 166.50 | 242,309 | 12:16:05 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electronic Components, Nec | 613.9M | -11.8M | -0.0670 | -25.52 | 300.96M |
From Apr 2019 to Apr 2024
TIDMTTG
RNS Number : 9446L
TT Electronics PLC
24 July 2017
24 July 2017
TT Electronics plc
(the 'Company')
Publication of circular and notice of general meeting
On 19 July 2017, the Company announced that it had entered into a conditional agreement for the sale of its Transportation Sensing and Control division to AVX Corporation, through its subsidiary AVX Limited, for a cash consideration of GBP118.8 million on a cash free, debt free basis (the 'Disposal').
The Company is pleased to announce that a circular to shareholders relating to the Disposal (the 'Circular') has been published today. The Circular and the accompanying form of proxy will shortly be sent to the Company's shareholders. The Circular will also today be available for viewing on the Company's website (www.ttelectronics.com).
The Circular, which has been approved by the UK Listing Authority, contains a notice convening a general meeting of the Company to be held at 10.30 a.m. on 10 August 2017 at the offices of Allen & Overy LLP at One Bishops Square, London, E1 6AD (the 'General Meeting'). Completion of the Disposal remains conditional on, amongst other things, the approval of the Company's shareholders at the General Meeting.
A copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM. In addition, the Circular will be available for inspection during normal business hours on any weekday (Saturdays, Sundays and public holidays excepted) at the registered offices of the Company at Fourth Floor, St Andrews House, West Street, Woking, Surrey, GU21 6EB and at the offices of Allen & Overy LLP at One Bishops Square, London, E1 6AD from the date of the Circular up to and including the date of the General Meeting and for the duration of the General Meeting.
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For further information, please
contact:
TT Electronics plc Tel: +44 (0)1932
825 300
Richard Tyson, Chief Executive Officer
Mark Hoad, Chief Financial Officer
Emma Darke, Head of Investor Relations and Communications
MHP Tel: +44 (0)20
3128 8100
Tim Rowntree / Katie Hunt / Ivana Petkova /
Hannah Winter
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
CIRUSUNRBKABUAR
(END) Dow Jones Newswires
July 24, 2017 12:32 ET (16:32 GMT)
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