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Domino Printing Regulatory News (DNO)

Regulatory News for Domino Printing (DNO)

Share Price: 678.00

Bid: 677.00

Ask: 679.50

Change: 0.50 (+0.07%)

Spread: 2.50

Spread as %: 0.37%

Open: 677.00

High: 683.50

Low: 677.00

Yesterday’s Close: 677.50

DNO Share News

DNO ShareCast

DNO Regulatory

TEN Media

Tue, 10th Apr 2012 07:00

RNS Number : 0018B

Domino Printing Sciences PLC

10 April 2012

In April 2011 Domino Printing Sciences PLC ('Domino') invested $50m in TEN Media LLC ('TEN'), a business based in California, USA set up to implement improved food safety monitoring, freshness and traceability systems in the egg industry.

We announce today, that Omron Automation & Safety ('Omron'), a key supplier to the project, has elected to join the founding shareholders, and has invested as a minority shareholder, valuing TEN at $500m, a 50% increase in value, since its incorporation 12 months ago. Omron's investment dilutes Domino's holding down to 14.85%, valuing our shareholding at $74.25m.

Omron will provide manufacturing and procurement services, automation hardware and engineering support to TEN.

Nigel Bond, Domino Managing Director commented: "We are delighted that Omron, a significant supplier from the outset of the project, has decided to become a strategic partner in the business venture through this investment. Omron, a proven technology provider over many years, will help enhance TEN's product offerings and is a great addition to the team."

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLIFSESDIILIF

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02-May-13 16:33	RNS	Blocklisting Interim Review	Company Announcement - General
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27-Mar-13 15:03	RNS	Holding(s) in Company	Holding(s) in Company
19-Mar-13 13:35	RNS	Result of AGM	Results and Trading Reports
19-Mar-13 07:00	RNS	Interim Management Statement	Results and Trading Reports
15-Mar-13 16:16	RNS	Director/PDMR Shareholding	Directors' Dealings
05-Mar-13 09:23	RNS	Holding(s) in Company	Holding(s) in Company
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15-Feb-13 15:50	RNS	Director/PDMR Shareholding	Directors' Dealings
05-Feb-13 09:46	RNS	Holding(s) in Company	Holding(s) in Company
31-Jan-13 15:58	RNS	Total Voting Rights	Holding(s) in Company
30-Jan-13 09:15	RNS	Notice of AGM	Company Announcement - General
28-Jan-13 11:38	RNS	Director/PDMR Shareholding	Directors' Dealings
17-Jan-13 15:53	RNS	Director/PDMR Shareholding	Directors' Dealings
16-Jan-13 16:06	RNS	Director/PDMR Shareholding	Directors' Dealings
07-Jan-13 10:19	RNS	Directorate Change	Executive Changes
04-Jan-13 16:03	RNS	Total Voting Rights	Holding(s) in Company
17-Dec-12 15:35	RNS	Director/PDMR Shareholding	Directors' Dealings
13-Dec-12 16:03	RNS	Director/PDMR Shareholding	Directors' Dealings
12-Dec-12 11:10	RNS	Additional Listing	Company Announcement - General
11-Dec-12 07:00	RNS	Final Results	Results and Trading Reports
30-Nov-12 15:24	RNS	Total Voting Rights	Holding(s) in Company
23-Nov-12 10:59	RNS	Holding(s) in Company	Holding(s) in Company
16-Nov-12 15:22	RNS	Director/PDMR Shareholding	Directors' Dealings

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