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Netalogue Technologies plc Ordinary 1p Shares (OFEX)

Sell:9.50p Buy:12.50p 0 Change: No change
Market closed Prices as at close on 5 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Netalogue Technologies plc Ordinary 1p Shares (OFEX)

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 26 Nov 2019)

What is happening?

 

The boards of Directors of Netalogue Technologies plc and TrueCommerce Holdings Ltd have announced the terms of a recommended cash offer to be made by TrueCommerce Holdings Ltd for the entire issued Share capital of Netalogue Technologies plc. 

 

What are my choices?

 

Option 1 - You can accept the Offer. Under the terms of this Offer Netalogue Technologies plc Shareholders have been offered 11.2p in cash for each Share held.

 

Option 2 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

When do I have to decide by?

 

Any acceptance must be received in this office by noon on Friday 6 December 2019. If you return an acceptance by the deadline given, and the Offer is declared “wholly unconditional” (i.e. is successful), the resulting cash will be credited to your Capital Account within 14 days of the announcement.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

×
Sell:9.50p
Buy:12.50p
Change: No change
Market closed Prices as at close on 5 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Netalogue Technologies plc Ordinary 1p Shares (OFEX)

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 26 Nov 2019)

What is happening?

 

The boards of Directors of Netalogue Technologies plc and TrueCommerce Holdings Ltd have announced the terms of a recommended cash offer to be made by TrueCommerce Holdings Ltd for the entire issued Share capital of Netalogue Technologies plc. 

 

What are my choices?

 

Option 1 - You can accept the Offer. Under the terms of this Offer Netalogue Technologies plc Shareholders have been offered 11.2p in cash for each Share held.

 

Option 2 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

When do I have to decide by?

 

Any acceptance must be received in this office by noon on Friday 6 December 2019. If you return an acceptance by the deadline given, and the Offer is declared “wholly unconditional” (i.e. is successful), the resulting cash will be credited to your Capital Account within 14 days of the announcement.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

×
Sell:9.50p
Buy:12.50p
Change: No change
Market closed Prices as at close on 5 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Takeover

Netalogue Technologies plc Ordinary 1p Shares (OFEX)

Type:
Takeover
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 26 Nov 2019)

What is happening?

 

The boards of Directors of Netalogue Technologies plc and TrueCommerce Holdings Ltd have announced the terms of a recommended cash offer to be made by TrueCommerce Holdings Ltd for the entire issued Share capital of Netalogue Technologies plc. 

 

What are my choices?

 

Option 1 - You can accept the Offer. Under the terms of this Offer Netalogue Technologies plc Shareholders have been offered 11.2p in cash for each Share held.

 

Option 2 - The alternative is to do nothing. If you do not wish to participate in this Offer you are not required to take any action at this time.

 

When do I have to decide by?

 

Any acceptance must be received in this office by noon on Friday 6 December 2019. If you return an acceptance by the deadline given, and the Offer is declared “wholly unconditional” (i.e. is successful), the resulting cash will be credited to your Capital Account within 14 days of the announcement.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Netalogue Technologies plc is engaged in the development, sale and support of business-to-business (B2B) e-commerce software platform. The Company's Netalogue B2B Ecommerce Platform is utilized by manufacturers, distributors and wholesalers requiring specialist B2B e-commerce Web stores and portals to conduct end-to-end business online. The Company licenses its B2B e-commerce platform Internet Protocol (IP) both directly to end user companies and also indirectly through value-added reseller (VAR) partnerships operating in enterprise resource planning (ERP) and cloud computing industries. It integrates with ERP systems, including systems applications and products (SAP) and enterprise Sage products. It offers its services to sectors, such as education, electrical, electronics, industrial supplies, personal protective equipment (PPE), pharmaceuticals, transport, spare parts, motor factors, leisure and office supplies. The Company's subsidiary is Netalogue Procurement Limited.

Contact details

Address:
Baglan Bay Innovation Centre
Central Avenue, West Glamorgan
BAGLAN BAY
SA12 7AX
United Kingdom
Telephone:
+44 (01639) 816130
Website:
www.netalogue.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

EPIC:
n/a
ISIN:
GB0030196611
Market cap:
£5.36 million
Shares in issue:
48.75 million
Sector:
Application Software
Exchange:
-
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • Nick Barley
    Chairman of the Board
  • Andrew Robathan
    Managing Director, Executive Director
  • C. Williams
    Executive Director

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.