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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Verdant | LSE:VET | London | Ordinary Share | GB00B1HMZD32 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9364R Register.com (UK) Limited 22 February 2002 REGISTER.COM.COM (UK) LIMITED ("REGISTER.COM (UK)") LEVEL OF ACCEPTANCES FOR THE RECOMMENDED CASH OFFER ("OFFER") FOR VIRTUAL INTERNET PLC ("VIRTUAL INTERNET") OFFER DECLARED UNCONDITIONAL IN ALL RESPECTS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN By 3.00 p.m. London time on 22 February 2002, Register.com (UK) had received valid acceptances of the Offer from the holders of 20,769,030 Virtual Internet Shares (representing approximately 82.70 per cent. of the existing issued share capital of Virtual Internet). Register.com (UK) has also acquired 2,762,500 Virtual Internet Shares (representing approximately 11.00 per cent. of the existing issued share capital of Virtual Internet to which the Offer relates) since the offer document was posted on 1 February 2002. In aggregate therefore, Register.com (UK) has received valid acceptances or has acquired or contracted to acquire or received irrevocable undertakings in respect of a total of 23,531,530 Virtual Internet Shares (representing approximately 93.70 per cent. of the existing issued share capital of Virtual Internet). The Board of Register.com (UK) hereby declares the Offer wholly unconditional. The Offer will remain open for acceptance until further notice. The Warrant Offer will also remain open for acceptance in accordance with its terms. It is the intention of Register.com (UK) to apply for cancellation of the Virtual Internet listing on the London Stock Exchange on or around 25 March 2002. The total number of acceptances received includes acceptances in respect of 12,799,428 Virtual Internet Shares (representing approximately 50.9 per cent. of the existing issued share capital of Virtual Internet), which were the subject of irrevocable undertakings to accept the Offer. In addition, as set out in the offer document, two directors of Virtual Internet, Tom Turcan and Jonathan Wales hold options over, in aggregate, 560,000 Virtual Internet Shares (representing approximately 2.2 per cent. of the existing issued share capital of Virtual Internet). Tom Turcan and Jonathan Wales have each irrevocably undertaken that, upon the Offer becoming unconditional in all respects, they will exercise their respective options and accept the Offer in respect of these Virtual Internet Shares. Prior to the commencement of the Offer Period on 6 December 2001, save as disclosed in the offer document, neither Register.com (UK) nor any person acting or deemed to be acting in concert with it owned any Virtual Internet Shares (or rights over such shares) nor since that date (other than as disclosed above) has Register.com (UK) or any person acting in concert with it acquired or agreed to acquire any Virtual Internet Shares (or rights over such shares). This announcement, which is the sole responsibility of Register.com (UK), has been approved by Altium Capital Limited solely for the purpose of Section 21 of the Financial Services and Markets Act 2000. Altium Capital Limited which is regulated by The Financial Services Authority, is acting for Register.com (UK) and no-one else in connection with the Offer and will not be responsible for anyone other than Register.com (UK) for providing the protections afforded to its customers nor for providing advice in relation to the Offer. Enquiries: Register.com (UK) Limited Stephanie Marks 00 1 212 798 9100 Altium Capital Limited Joe Smith / Mark Dickenson 0161 831 9133 This information is provided by RNS The company news service from the London Stock Exchange
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