HIBU (LSE:HIBU)

HIBU (HIBU.L, LSE, LSE:HIBU)

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Restructuring Update

RNS Number : 1040U hibu plc 27 November 2013 27 November 2013 hibu plc Restructuring update As previously announced, hibu plc and its subsidiaries (the Group) have agreed the terms of a financial restructuring of the Group with the Co-ordinating Committee (CoCom) of the Groups lenders. This will involve all of the Groups operations being transferred from the current holding company, hibu plc, to a new holding company structure to ...

Notice of General Meeting

RNS Number : 3873S hibu plc 06 November 2013 6 November 2013 Circular to Shareholders and Notice of General Meeting hibu plc (hibu or the Group) hibu plc announces details of a requisitioned General Meeting The Board unanimously recommends shareholders to VOTE AGAINST all proposed resolutions As previously announced, the Group has received requests on the same terms from shareholders representing in excess of five per cent of hibus ...

Financial Update

RNS Number : 6293R hibu plc 29 October 2013 29 October 2013 hibu plc (hibu or the Group) Financial update for the six months ended 30 September 2013 Financial headlines(1) Group revenue of 584m decreased by 12% - Digital services revenues grew by 19% to 99m - Digital directories revenue fell by 6% to 127m - Print and other directory revenues fell by 19% to 358m EBITDA(2) of 107m was down 45m Free cash flow of 88m increased 1m ...

hibu faces challenge over restructuring

hibu has received requests to hold a general meeting over the conduct of the groups business and the composition of the board. hibu - formerly the Yell Group - says it received requests on the same terms from shareholders with in excess of 5% of the share capital and the directors will convene a meeting. But hibu says the board unanimously of the opinion that the proposed resolutions are not in the best interests of hibu and its subsidiaries ...

Request for a general meeting of shareholders

RNS Number : 1430R hibu plc 23 October 2013 23 October 2013 hibu plc (hibu) Request for a general meeting of shareholders hibu plc announces that it has received requests on the same terms from shareholders holding in excess of five per cent of hibus share capital that a general meeting of shareholders be convened to consider certain resolutions in relation to the conduct of the Groups business and the composition of its board. ...

hibu chairman and CEO to step down after restructuring

hibu chairman Bob Wigley and chief executive Mike Pocock along with the current non-executive directors will stand down following completion of the companys financial restructuring. But hibu says both Wigley and Pocock have agreed to remain in their current roles and to continue to lead the business until the restructuring process is complete, which is currently expected to be early in 2014. Following completion of the financial ...