hangon
- 18 Apr 2008 17:43
This is the fresh face of (Worthington Nichols), although the two are similar - there are striking differences - mostly in the reality of Management to their position.
The name-change was needed "...to avoid their earlier guise hampering business ..." ( my words) - although I am not so sure. . . . . however, the website and attitude of Mangement appears to make good sense . . . . . .
. . . . despite a small % fall in sp today - - - - 7.8 / 8.15 pence is about as low as should go! That's Hope!
Expect some "charges" to appear and then let's see what Management can do!
Website: www.managedsupportservicesplc.com
Good luck to
...all who sail in her.
HARRYCAT
- 14 May 2012 15:05
- 61 of 62
CAPITAL REORGANISATION & NAME CHANGE - "The Company has announced the proposal to enter into a Company Voluntary Arrangement, undertake a Capital Reorganisation and to change its name to Kennedy Ventures plc, subject to shareholder approval at the forthcoming General Meeting to be held on 25 May 2012.
Terms: Capital Reorganisation: each existing Ordinary Share of GBP0.01 each will be subdivided into 1 new Ordinary Share of GBP0.0001 and 1 new Deferred Share GBP0.0099. Name change: all securities under managed support services plc will change issuer name to Kennedy Ventures plc. Additional Information: If the CVA is not approved, the Directors believe that the only alternative would be for the Company to be placed into liquidation. For the avoidance of doubt, the CVA would not result in any distribution being made to the Shareholders of the Company"
hangon
- 15 May 2012 11:10
- 62 of 62
---so is that another "New Name" after only a few years? - It looks like it . . . What will "Kennedy Ventures" have that eluded MSS, other perhaps than bad contracts, old stock - and a business sector that was on hard times?
I'm guessing we get "new shares" for old; but any new money will be a "welcome dilution"....