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Danka Business Systems Plc

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Danka Business Systems PLC. News - The New York Times

L.C., a London-based company that distributes, leases and repairs office equipment in the United States, said yesterday that it had acquired the closely held Leslie Supply Company for $80 million in stock. Danka issued 6.8 million ordinary shares, the equivalent of 1.

http://topics.nytimes.com/top/news/business/companies/danka-business-systems-plc/index.html

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Danka Business Systems

Danka Business Systems is in negotiations to sell its document outsourcing business, which employs 3,000 staff in 13 countries, in order to reduce debt. 22-Feb-2001

http://www.ukbusinesspark.co.uk/das21240.htm

Danka UK : Press Releases

S. $210 million in cash, subject to certain adjustments, as described below. The completion of the transaction is expected to take place on or around December 31, 2006, subject to a number of conditions, as described below.

http://www.danka.co.uk/investor_relations/pressreleases.html

Danka Business Share Chart. DNK Historical Graphs. Techncial analysis for Danka Business Systems

Click Here Click Here Life Style Extra - Finance, News & Entertainment Google Web www.lse.co.uk Life Style Extra Lines Home | Finance | News | Lifestyle | Chat Forums new - Life Style Extra Chat Forums! | Contact Register / Login Life Style Extra Lines 26 December 2006 - 02:14:01 BST Home : Finance

http://www.lse.co.uk/ShareChart.asp?ShareChart=DNK

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T R O U B L E D C O M P A N Y R E P O R T E R E U R O P E Friday, April 13, 2001, Vol. 2, No. 73 Headlines * B E L G I U M * LERNOUT & HAUSPIE: Appoints Ledwick as New CFO REAL SOFTWARE: To Sell Share in Shire Systems * G E R M A N Y * DAIMLERCHRYSLER AG: Sees 1 Billion Loss in First Quarter

http://www.bankrupt.com/TCREUR_Public/010413.mbx

 

Danka Business Systems plc (ADR) (DANKY.OB) Corporate Event Announcement Notice - Zibb.com

Danka Business Systems plc (ADR) (DANKY.OB)
Expected next earnings release:
Announcement date: 8/14/2008 - Before Market
Earnings Quarter: Q1
Announcement Status: Unconfirmed

Tags: business   corporate   earnings   market  

Companies: Danka Business Systems, PLC (DANKY)

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Danka Business Systems plc (ADR) (DANKY.OB) Corporate Event Announcement Notice - Zibb.com

Danka Business Systems plc (ADR) (DANKY.OB)
Expected next earnings release:
Announcement date: 7/31/2008 - Before Market
Earnings Quarter: Q1
Announcement Status: Unconfirmed

Tags: business   corporate   earnings   market  

Companies: Danka Business Systems, PLC (DANKY)

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DCML LLC Issues Open Letter to Shareholders of Danka Business Services PLC (OTC BB: DANKY) -

The following is a letter from DCML LLC to shareholders of Danka Business Services PLC (OTC Bulletin Board: DANKY).

Fellow Danka Shareholders:

We were disappointed to learn that the Board of Directors (the "Board") of Danka Business Services PLC (the "Company") has taken questionable actions to influence the outcome of the upcoming shareholder vote.

First, the Voting Instructions of the Proxy have specified that the Company's designee is permitted to vote the American Depositary Shares ("ADS") of any holder that does not submit a vote by June 20 (1). We believe it is inappropriate to hijack the voting power of such shares, particularly when the interests of the Company's designee may not be aligned with ordinary shareholders. Excluding Cypress shareholders, the Board collectively holds less than 0.45% of total ordinary shares outstanding (2). In view of that fact, one might question whether the interests of any Company are aligned with the interests of ordinary shareholders in these contested circumstances? Therefore, it is our opinion, that the Company should abstain from voting any otherwise unvoted ADS. Shareholders should be able to decide for themselves whether this transaction is or is not fair to them.

Second, and much more troubling, it appears that the Company has taken steps to prevent the holders of ADS from exercising their voting rights. The final proxy designated an ADS record date of May 30, thus only ADS purchased before that date could be voted at the Extraordinary General Meeting. However, ADS's are typically convertible to ordinary shares in a commonly understood and often utilized administrative process. Further, ordinary shares under the proxy can be acquired and voted up to the meeting date. Thus, under normal circumstances, a shareholder could buy ADS after the record date, convert those shares to ordinary share certificates, and then properly vote them under the terms of the final proxy.

We believe, that to undermine this procedure and prevent shareholders opposed to liquidation from accumulating additional voting shares, the Company has instructed its Transfer Agent, Computershare Services UK, as of June 3, to freeze the issuance of ordinary share certificates until after the Extraordinary General Meeting. We have difficulty understanding why the Company would choose to freeze the issuance of ordinary share certificates. Certainly the timing of this decision makes us believe that either Company management or the Board is inappropriately using their authority to influence the shareholders vote.

We believe that the Board owes its ordinary shareholders a prompt and thorough justification for these recent actions.

As a shareholder representing over 5,300,000 ADS or more than 8.0% of ordinary shares outstanding, DCML will be voting against the proposed voluntary liquidation.

We urge you to conduct your own review and cast your own vote.

Respectfully,

Robert Andrade        Rosty Raykov

(1) May 30 Proxy, voting instructions

(2) May 30 Proxy, p.70

DCML LLC, +1-212-332-3342

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Tags: business services   otc  

Companies: Danka Business Systems, PLC (DANKY), Danka Business Systems, PLC (DANKY)

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Danka Business Systems plc (ADR) (DANKY.OB) Corporate Event Announcement Notice - Zibb.com

Danka Business Systems plc (ADR) (DANKY.OB)
Expected next earnings release:
Announcement date: 8/14/2008 - Before Market
Earnings Quarter: Q1
Announcement Status: Unconfirmed

Tags: business   corporate   earnings   market  

Companies: Danka Business Systems, PLC (DANKY)

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