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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vividas | LSE:VDS | London | Ordinary Share | GB00B04NK713 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6789I Vividas Group plc 28 November 2007 VDS.L Vividas Group plc ('Vividas' or 'the Company') Re: Proposed Placing and EGM Further to the statement, issued on 7 November, regarding a proposed placing of 10.0 million new ordinary shares at a placing price of 25 pence per new ordinary share and the convening of an Extraordinary General Meeting ("EGM"), Vividas announces that it has received placing commitments, subject to the passing of certain resolutions by the Company in General Meeting, to subscribe for all ten million shares. Vividas has also received a separate and alternative offer, which is both subject to contract and subject to the satisfaction of certain conditions, to subscribe for new ordinary Vividas shares. The conditional, and subject to contract, offer made is for the subscription of up to 7,142,857 new Vividas ordinary shares at a subscription price of 35 pence per new ordinary share. The Directors believe that there is significant uncertainty over timing and completion of this alternative offer and therefore further time is required for the Board to examine and clarify this alternative offer. In the light of this development, the Board intend that the Extraordinary General Meeting of Vividas currently convened for 9 a.m. on 30 November 2007 be adjourned to 3 p.m. on Wednesday 5 December 2007, at the same address. A further announcement regarding the proposed alternative offer will be made in due course. Vividas Group plc Paul Neville, Chief Executive Officer Tel: +44 (0)20 7189 5532 Greg Minns, Finance Director www.vividas.com HB Corporate Jim McGeever/ Rachel Kane Tel: +44 (0)20 7510 8600 Biddicks Katie Tzouliadis / Sophie Lane Tel: +44 (0)20 7448 1000 This information is provided by RNS The company news service from the London Stock Exchange END MSCLVLFLDFBLFBV
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