Tag: AIM

Who owns Asite?

Robert Tchenguiz’s businesses retains the biggest shareholding in Asite Ltd; Stanhope and Laing O’Rourke are also shareholders in the company. In the decade or so that I have been monitoring the UK SaaS construction collaboration technology space, London-based Asite Ltd has stood out as one of the more open businesses when it has come to …

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Permanent link to this article: http://extranetevolution.com/2011/10/who-owns-asite/

Asite – steady

Asite’s latest trading announcement talks growth but the recession is hitting SaaS vendors’ project-based collaboration revenues. Amid the flurry of discussion about BIW’s acquisition by Conject (post) and the NEC3 announcement regarding 4Projects and BIW (post), I almost overlooked a news release from rival UK SaaS construction collaboration vendor Asite concerning its trading performance for …

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Permanent link to this article: http://extranetevolution.com/2010/12/asite-steady/

Asite reports 18 months to June 2009

Late last month I downloaded the latest annual report and audited accounts filed at Companies House by UK-based construction collaboration technology vendor Asite. Regular readers may recall that Asite reported some unaudited figures in January (see Asite reaches profitability), covering the year to 31 December 2009. This latest Companies House filing, signed off on 16 …

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Permanent link to this article: http://extranetevolution.com/2010/06/asite-reports-18-months-to-june-2009/

Do StoreData results indicate slowdown in UK construction collaboration market?

With Asite‘s financial performance now less public following its delisting from London’s AIM earlier this week, it is more difficult to assess what impact the recession is having on collaboration vendors. However, troubled retail fit-out specialist contractor Styles & Wood has a support business, StoreData, which competes in the UK construction collaboration technology market, and …

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Permanent link to this article: http://extranetevolution.com/2009/05/do-storedata-result-indicate-slowdown-in-uk-collaboration-market/

End of the Asite AIM era

Today is the last day of trading on London’s Alernative Investment Market for construction collaboration SaaS technology vendor Asite (see Asite to delist from AIM to trim costs), which – following a name-change from Premisys – has been on AIM since January 2002. It has not been a particularly helpful ‘barometer’ of the fortunes of …

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Permanent link to this article: http://extranetevolution.com/2009/04/end-of-the-asite-aim-era/

Asite confirms delisting

From a London Stock Exchange RNS announcement yesterday afternoon: The board of Asite announces that at a general meeting of Asite’s shareholders held earlier today all resolutions were passed. The cancellation of admission to trading on AIM of the ordinary shares in Asite will therefore take effect from 7.00am on 28 April 2009. Recent related …

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Permanent link to this article: http://extranetevolution.com/2009/04/asite-confirms-delisting/

Asite asides

Asite is not the only business proposing to de-list from London’s Alternative Investment Market (AIM – see post and follow-up). According to The Guardian, research by law firm Trowers & Hamlyn shows that de-listings are up a record 33% in the year to March 2009, as the credit crunch forces many to the wall. Financial …

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Permanent link to this article: http://extranetevolution.com/2009/04/asite-asides/

Asite shares slide

Shares in SaaS collaboration vendor Asite have continued their slide downwards in the wake of last week’s news that the company is to de-list from the London Stock Exchange. They closed at 1.125p yesterday, equalled their all-time low of 1.00p again during trading today before plunging to close at just 0.375p, down 66% on the …

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Permanent link to this article: http://extranetevolution.com/2009/04/asite-shares-slide/

Asite to de-list from AIM to trim costs

The board of UK-based SaaS construction collaboration technology vendor Asite is looking to take the company private, according to an announcement to the London Stock Exchange this morning. The resolution to de-list will be put to a general meeting in London on 20 April 2009, and, subject to shareholder approval, the de-listing will be effective …

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Permanent link to this article: http://extranetevolution.com/2009/03/asite-to-de-list-from-aim-to-trim-costs/