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Share Price Information for Adams (ADA)

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Share Price: 6.50
Bid: 5.00
Ask: 8.00
Change: 0.00 (0.00%)
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Open: 6.50
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Disposal

17 Dec 2019 08:57

RNS Number : 1342X
Adams PLC
17 December 2019
 

Adams plc

("Adams" or the "Company")

Disposal

 

The Directors announce that, on 16 December 2019, Adams sold the whole of its remaining holding of 275,643 ordinary shares of US$0.02 each in Petrofac Limited on the Main Market of the London Stock Exchange at a price of £4.01 per share for a total cash consideration of £1,104,656. Following this disposal, the Company will have cash balances of approximately £1,600,000. The Directors intend to reinvest the proceeds of the disposal in accordance with the Company's Investing Policy.

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries:

 

Adams plc

Mike Bretherton

Tel: +44 1534 719 761

Nomad

Cairn Financial Advisers LLP

Sandy Jamieson, James Caithie

Tel: +44 207 213 0880

Broker

Peterhouse Corporate Finance Limited

Lucy Williams, Duncan Vasey

Tel: +44 207 469 0930

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DISKMMMZRNDGLZG
Date   Source Headline
22nd Mar 20074:32 pmRNSSignificant Shareholding
22nd Mar 20077:00 amRNSFinal Results
19th Mar 20073:53 pmRNSHolding(s) in Company
12th Mar 20077:04 amRNSNet Asset Value(s)
1st Mar 20075:57 pmRNSNotification of Holding
28th Feb 20075:14 pmRNSPosting of Circular
23rd Feb 20074:07 pmRNSHolding(s) in Company
22nd Feb 200711:09 amBUSMobixell Networks and Adamind Sign a Merger Agreement
22nd Feb 200710:58 amBUSMobixell Networks and Adamind Sign a Merger Agreement
21st Feb 20073:22 pmRNSProposed Sale of Assets
21st Feb 200712:10 pmRNSAppt of Distributor
12th Feb 20073:13 pmRNSBoard Appointment
12th Feb 20079:30 amRNSCompany Update
11th Feb 20079:00 amBUSMobixell Networks and Adamind Announce a Strategic Alliance between the Two Companies
6th Feb 20073:53 pmRNSHolding(s) in Company
2nd Feb 20074:15 pmRNSRe Legal Proceedings
1st Feb 20077:02 amRNSTrading Statement
31st Jan 20079:52 amRNSHolding(s) in Company
19th Jan 200710:54 amRNSResult of EGM
16th Jan 20073:20 pmBUSAdamind unterzeichnet Partnerschaftsabkommen mit Gemini Mobile Technologies
16th Jan 200712:43 pmBUSAdamind signe un accord de partenariat avec Gemini Mobile Technologies
16th Jan 20077:00 amBUSAdamind Signs Partnership Agreement with Gemini Mobile Technologies
16th Jan 20077:00 amBUSAdamind Signs Partnership Agreement with Gemini Mobile Technologies
2nd Jan 20071:00 pmBUSSolidWorks World 2007 Offers Packed Agenda
21st Dec 200610:51 amBUSAdamind Signs Agreement with Leading Telecom Supplier to Offer Device Database Provisioning Update Service
21st Dec 200610:04 amRNSAdamind signs agreement
18th Dec 20067:02 amRNSAdamind Signs Agreement
18th Dec 20067:00 amBUSAdamind Signs Agreement with One of the Leading European Providers of Digital Content & Services
15th Dec 20067:58 amRNSTrading Statement
14th Dec 20063:55 pmRNSTrading Statement
14th Dec 20067:00 amRNSVoting Rights and Capital
30th Nov 20063:29 pmRNSHolding(s) in Company
22nd Nov 20064:43 pmRNSHolding(s) in Company
21st Nov 20067:02 amRNSAdamind New Licence Sales
21st Nov 20067:00 amBUSAdamind Announces over $1.2M in Sales in Second Half of 2006 via One of Its Channel Partners
14th Nov 20067:05 amRNSUpgrade Agreement
14th Nov 20067:05 amBUSAdamind Completes First Stage of Multiple Capacity Upgrade Agreements with Carrier in the U.S.
7th Nov 20067:02 amRNSAcquisition
2nd Nov 20064:25 pmRNSHolding(s) in Company
9th Oct 20065:51 pmBUSAdamind Wins $2.5M Deal with IBM to Handle Content Adaptation for One of India's Largest Telecom Services Providers
9th Oct 20063:07 pmRNSDirector/PDMR S/hldg - Amend
9th Oct 20068:20 amBUSAdamind Wins $2.5M Deal With IBM To Handle Content Adaptation for One of India's Largest Telecom Services Provider
9th Oct 20067:44 amRNSAdamind wins IBM Deal
6th Oct 20067:01 amRNSDisclosure of Interest
5th Oct 20065:59 pmRNSDirector/PDMR Shareholding
5th Oct 20067:01 amRNSOffer Talks Terminated
3rd Oct 20062:00 pmRNSAcquisition
3rd Oct 20067:01 amRNSStatement re Offer
29th Sep 20067:05 amRNSInterim Results
28th Sep 20067:04 amRNSInterim Results

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