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  5. IN BRIEF: Court Sanctions IMImobile Takeover By Cisco Systems

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IN BRIEF: Court Sanctions IMImobile Takeover By Cisco Systems

Wed, 17th Feb 2021 16:02

IMImobile PLC - AIM-listed cloud communications software firm - Court sanctions takeover of IMImobile by Cisco Systems Holdings UK Ltd. The scheme will become effective upon the delivery of a copy of the court order to the Registrar of Companies, which is expected to occur on Friday.

Request made to suspend dealings in IMImobile shares on Friday, with the company's admission to AIM to be cancelled from Monday.

Earlier in February, IMImobile shareholders approved the GBP543 million recommended cash offer made by Cisco Systems Holdings UK, a subsidiary of US networking firm Cisco Systems Inc.

Current stock price: 592.00 pence

Year-to-date change: down 0.5%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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DIRECTOR DEALINGS: IMImobile Executive Vice President Sells Shares

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UPDATE: IMImobile Successfully Raises USD25 Million For US Acquisition

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IMImobile Moves Into US Market With USD53 Million 3CInteractive Deal

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Gresham House Cuts IMImobile Stake As BlackRock Invests

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2 Jul 2019 09:53

IMImobile Happy After Good Financial Year, Outlook Optimistic

(Alliance News) - Cloud communications firm IMImobile PLC on Tuesday reported a "strong" set of annual results, with revenue growth coming in at nearly 30%.Pretax profit for the a

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27 Jun 2019 12:11

Gresham House Strategic Beats Annual Benchmark On Strong Portfolio

(Alliance News) - Gresham House Strategic PLC said Thursday it outperformed its benchmark index in its recently-ended financial year, with net asset value driven by strong investments.The a

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25 Jun 2019 15:58

UK Earnings, Trading Statements Calendar - Next 7 Days

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8 Apr 2019 12:56

DIRECTOR DEALINGS: IMImobile Directors Sell GBP930,000 In Shares

LONDON (Alliance News) - IMImobile PLC on Monday said that Chief Financial Officer Mike Jefferies and Chief Technology Officer Shyam Bhat sold a total of GBP930,000 worth of sold 100,000 shares at

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IMImobile Shares Rise On Annual Earnings Growth Expectations

LONDON (Alliance News) - Communications software provider IMImobile PLC said on Thursday it expects to report its annual earnings and revenue ahead of market expectations.Shares in were 10%

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IMImobile revenue and earnings top expectations

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IMImobile Integrates WhatsApp Business Into IMIconnect Platform

LONDON (Alliance News) - IMImobile PLC on Friday said WhatsApp Business has been integrated into its IMIconnect platform.IMImobile is a cloud communications company. Its IMIconnect platform

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