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Last €0.0010 EUR
Change Today 0.00 / 0.00%
Volume 0.0
As of 2:08 AM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

optare plc (4E9) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/3/14 - €0.0020
52 Week Low
10/6/14 - €0.0010
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for OPTARE PLC (4E9)

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optare plc (4E9) Details

Optare Plc designs, manufactures, and sells single and double deck buses in the United Kingdom and internationally. The company offers mini buses, midi buses, coaches, metrodeckers, other lightweight vehicles, and parts. It also sells new and used vehicles; provides finance facilities, including hire purchase, finance lease, and operating lease; supplies kits of passenger vehicles; and provides aftermarket support and bus refurbishment services. The company was incorporated in 2008 and is based in Sherburn in Elmet, the United Kingdom. Optare Plc is a subsidiary of Ashok Leyland Ltd.

403 Employees
Last Reported Date: 09/3/14
Founded in 2008

optare plc (4E9) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: 87.8K GBP
Deputy Chief Executive Officer and Chief Tech...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

optare plc (4E9) Key Developments

Optare Announces Cancellation Of Listing From AIM

At the request of the Optare plc trading on AIM for the ordinary shares of 0.1 pence each, fully paid has been cancelled from June 2, 2016 7:00am.

Optare Plc, Annual General Meeting, May 18, 2015

Optare Plc, Annual General Meeting, May 18, 2015., at 10:00 GMT Standard Time. Location: offices of the Company. Agenda: To consider the approval to cancel the admission of the company's ordinary shares of 0.1 pence each to trading on AIM.

Optare Announces Cancellation Of Listing From AIM

Optare plc announced that it will be sending a circular to Shareholders containing a notice convening a General Meeting ("GM") of the Company to seek Shareholders' approval to cancel the admission of the Company's ordinary shares of 0.1p each ("Ordinary Shares") to trading on AIM ("Cancellation"). The Directors have recently undertaken a review of the Ordinary Shares currently being traded on AIM. Pursuant to this review, which included consultation with the Company's advisers and its major Shareholder, Ashok Leyland, Directors have concluded that it is in the overall interests of the Company and its Shareholders if the admission of the Ordinary Shares to trading on AIM is cancelled. Pursuant to Rule 41 of the AIM Rules, the Directors have notified the London Stock Exchange of the date of the proposed Cancellation. As per the AIM Rules, Cancellation is conditional upon the Resolution being passed by a majority of not less than 75% of the votes cast, whether in person or by proxy, by Shareholders at the GM to be held at 10.00 a.m. on 18 May 2015. Ashok Leyland, which holds an interest in Ordinary Shares representing 75.1% of the issued ordinary share capital of the Company at the date of this announcement, has irrevocably undertaken to vote in favour of the Resolution. Therefore, it is expected that the Resolution to approve the Cancellation will be passed at the GM. Should Cancellation be approved by Shareholders at the GM, the Company will put in place a matched bargain trading facility to be administered by Capita IRG and which will operate shortly after Cancellation and which should facilitate Shareholders in buying and selling Ordinary Shares following Cancellation. Expected time and date that admission of Ordinary Shares to trading on AIM will be cancelled with effect from 7.00 a.m. on 2 June 2015.


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