Moving today I notice..

0.22p to buy up13%

any holders...?

yep jules 250000 of them here, bought em cheap just cause they were. intresting to see them moving upward again..........october sees a share restructure

INTELLEXIS PLC (THE 'COMPANY')

5 AUGUST 2003

CONSOLIDATION OF SHARES


The Company announces that it today posted the Report and Accounts for the year
ended 31 March 2003 to shareholders. The Annual General Meeting of the Company
('AGM') will be held at 10.00am on 30 September 2003 at the offices of Teather &
Greenwood, Beaufort House, 15 St Botolph Street, London EC3A 7QR. The Board is
recommending that an ordinary resolution be proposed at the AGM to approve the
consolidation of ordinary shares of 0.1p each in the capital of the Company
('Ordinary Shares').

With the number of Ordinary Shares in issue now in excess of 3.1 billion and a
mid-market closing share price of 0.22 p on 21 July 2003, the Directors believe
that the Ordinary Shares are viewed by some investors as 'penny shares'. The
Directors believe that this has a detrimental effect on the perception of the
Company and hence its ability to attract new institutional shareholders.

Accordingly, the Directors propose that the ordinary share capital of the
Company be consolidated so that every 1,000 of the issued and unissued Ordinary
Shares of 0.1p each will be consolidated into one Ordinary Share of 100p (the '
Consolidation'). After Consolidation, the Ordinary Shares of 100p each will have
the same rights attaching to them as the Ordinary Shares of 0.1p each currently
have. The terms of the existing share options will be adjusted accordingly.

The Consolidation will require the approval of Shareholders at the AGM.

Application will be made for the consolidated shares to be admitted to trading
on the Alternative Investment Market of the London Stock Exchange. It is
intended that such admission will become effective and that dealings in the
consolidated shares will commence on 1 October 2003.



ENQUIRIES:

Intellexis plc Tel: 020 7371 4444
Ken Scott, Chief Executive
Jon Pickles, Chief Financial Officer

Teather & Greenwood Limited Tel: 020 7426 9000
Christopher Hardie
David Galan

Park Green Tel: 020 7287 5544
Simon Robinson

ah i see plantec...

...forgot about that...mixed it up wth another co..

good day today...considering weathers a droll..

Jules,
not a bad day but disapointed to return from lunch and see rtd taking a drop.....still plenty of time for a better gain between now and results day

I like the look of this as a potential growth stock and have bought in for the long term.The consolidation normally has a positive effect on the price of a share.

Hello
Just a quick introduction. I registered with Monyam a few months ago and have just been lurking around! I have been trading shares since May and have made and lost (too much!) money.
Anyway this thread caught my eye as I have seen some shares leap from a few pence to 2/3. Would this be the case with this one .21 pence to 1? Does this only happen with Share Consolidation?

Ivan

I dont quite thnk so...but never say never...

Just joined moneyam, I reckon this one could do very very well, company reckon the 1st quarter of this year is going to have a positive return that is always the best news for any small business, one other point, Intellexis is only valued at 1.3 million at this present time, it has got to go up in value.

One for Monday

Daily Mail 'Broker buys'---- Intellexix (LSE:ILX) Teather & Greenwood says buy at 86.5p (now 86.5p). Cheap relative to its peers.

LONDON (AFX) - Intellexis PLC, the AIM-listed project management training
and financial training company, said prospects for the group remain positive,
after it achieved a return to profit at the half-year stage.
The company said the recently acquired business Key Skills has a strong
current sales book, and its overall marketplace is much larger than Intellexis
had originally anticipated.
Intellexis said its legacy business still faces a number of challenges, in
particular there has been slower-than-anticipated take up of products under
certain signed agreements.
However, these issues under control, it added.
Intellexis will announce results for the year to March 31, 2004 on June 7.
newsdesk@afxnews.com
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