Wednesday 1 May 2013

SiteTalk IPO

SiteTalk IPO: listing of Global Digital Services PLC in Emerging Companies Market

The CSE (Cyprus Stock Exchange) Council announces that pursuant to Article 58(1) of the CSE Law, it has accepted the listing in the Emerging Companies Market of 25,000,000 shares of nominal value €0.01 of “Global Digital Services Plc” at a price of €0.01.

The reasons for the establishment of the company is to create value from acquisitions of already existing e-commerce companies through mergers / acquisitions and ownership of stake in companies related to e-commerce and the Internet.

The trading of the aforementioned securities will commence on April 30, 2013 and the Cyprus Stock Exchange will undertake the maintenance of the above Registry in the Central Depository/Registry of the CSE.

The Greek and English code will be ΣΤΣΙ/ STC respectively while the ISIN Code will be MT0000730102.

For more Detail visit  this page Link (This above announcement is about SiteTalk listing not about SiteTalk IPO, listing is early stage of IPO, IPO is complex and little bit expensive process, so company want to get investment from merger/acquisition instead of sitetalk ipo) First Published: 26/04/2013