On-Line PLC
22 March 2000
On-line PLC ('On-line')
The attention of the Directors has been drawn to a comment in The Market page
of the Daily Telegraph on Monday 20 March 2000. The article was commenting on
the initial price performance of ADVFN.com plc, the online personal finance
website spun out of On-line and where dealings commenced for the first time on
Monday. The article referred to On-line retaining a stake of 7.5 per cent.
This is incorrect. On-line holds a retaining share in ADVFN.com of 76 per
cent which, based on the mid-market closing price of 54.5p on Tuesday 21 March
2000, is valued at approximately £104 million, equivalent to approximately £21
per On-line share.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.