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Topjobs.net plc
Innovation House, Daten Park Birchwood, Warrington, United Kingdom WA3 6UT
Business Description The company operates a leading website www.topjobs.net for recruitment advertising in the United Kingdom based on independent market research and the number of customers who advertise on its websites.
Offering
Information

Company has
gone public

Trading As  TJOB (NASNTL) Industry  Internet (SIC 7361)
Type of Stock Offered  American Depositary Receipts Filing Date  03/26/1999
Domestic Shares Offered  3,300,000 Offer Date  04/27/1999
Foreign Shares Offered  0 Filing Range  $10.00 - $12.00
Company Shares  3,300,000 Offer Price  $12.00
Selling Shrhldrs Shares  0 Gross Spread  $0.840
Gross Proceeds  $39,600,000 Selling  $0.500
Expenses  - - Reallowance  $0.100
Post-IPO Shares  8,712,993 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Ladenburg, Thalmann & Co. Inc. Lead Manager (212) 409-2300
Cruttenden Roth Incorporated Co-manager (800) 678-9147
Josephthal Lyon & Ross, Inc. Co-manager (212) 907-4545
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data             12/31/2029
Revenues   - - - - - - 1.701
Income from Oper.   - - - - - - -4.709
Net Income   - - - - - - -5.326
E.P.S   - - - - - - -1.030
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     - - -
Cash Flow - Inv.     - - -
Cash Flow - Fin.     - - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    3.66 Current Assets    - Current Ratio    -
Total Liab.    12.26 Current Liab.    - Debt Ratio    334.53%
Total Equity    -8.59 Working Cap.    -10.51 Debt to Equity Ratio    -
Cash    0.12    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used to repay the company's entire current outstanding debt under an existing bank loan and for general corporate purposes, including working capital, expansion of international operations, marketing services, hiring additional personnel and financing possible acquisitions, joint ventures and strategic alliances.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Greenberg Traurig Hoffman Lipoff Rosen & Quentel
Bank's Law Firm  Milbank, Tweed, Hadley & McCloy
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 09/29/1999 3:52:32 AM
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