Holding(s) in Company
11 Novembro 2003 - 9:25AM
UK Regulatory
RNS Number:9178R
Trafficmaster PLC
11 November 2003
Trafficmaster Plc
On Friday 7th November Trafficmaster Plc ("Trafficmaster") sold a holding of
56,250,000 shares in Cybit Holdings PLC ("Cybit") for a cash consideration of
#1,687,500. These shares had been held at a carrying value of #420,000.
Trafficmaster continues to hold warrants for a further 67,017,435 shares in
Cybit, which can be exercised in two stages. The first tranche can be exercised
at a price of 4.5p before 31st December 2004, and the next tranche at 6.5p
before 31st December 2006.
Trafficmaster has a strong strategic partnership with Cybit under which it
provides a range of products and services, including hosting services and the
provision of telematics hardware.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLGUGGUGUPWGGG