Neomobile transaction
20 Agosto 2008 - 8:00AM
UK Regulatory
RNS Number : 6590B
Teleunit S.p.A
20 August 2008
Teleunit SpA
("Teleunit" or "the Company")
Neomobile Transaction
Further to the results announcement made by the Company on 20 June 2008, the Directors wish to update the market in respect of the
proposed sale of a minority stake in its wholly owned subsidiary Neomobile S.p.A..
As set out in the results announcement, the sale is subject to the raising of debt finance of EUR13 million, and receipt by the parties
of the required authorisations from Italy's Antitrust Authority.
Whilst the Directors are confident of receiving the required authorsiation from Italy's Antitrust Authority, the Company is still in
discussions with one of the financing banks, which has requested more time to analyse the credit structure and conditions of the loan.
Neomobile is continuing to trade successfully with results to the end of June in excess of budget and, the prospective purchaser has
reconfirmed its interest in proceeding with the transaction.
Whilst the Board expects a positive outcome, no guarantees on the successful conclusion of the transaction can be provided at this time
and the Board will update the market in the coming weeks as more information becomes available.
Enquiries:
Gianfranco Cimica, Chairman/CE O Tel: +44 (39) 075 528 3939
Teleunit SpA
Oliver Rigby Tel: + 44 (0) 20 7776 6550
Daniel Stewart & Co Plc
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCZKLFFVVBLBBD
Grafico Azioni Teleunit (LSE:TLU)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Teleunit (LSE:TLU)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Teleunit (Borsa di Londra): 0 articoli recenti
Più Teleunit S.P.A Articoli Notizie