Business
Further re acquisition
Further re acquisition.
About this update from Celebrus Technologies Plc
[{"type":"text","content":"\n RNS Number : 1963Y IS Solutions PLC 28 August 2009 \nIS Solutions Plc\n\nFurther re Acquisition\n\nIS Solutions Plc ('IS Solutions' or 'the Company') announces that, further to the acquisition on 22 July 2008 of specialist solutions provider Chapter 26 Ltd ('Chapter 26') which was subject to a deferred consideration clause based on results achieved up to 30 June 2009, it must pay a sum of £298,631.20 in cash and transfer 1,327,414 ordinary shares in the Company from Treasury to the previous owners of Chapter 26. The terms of the deferred consideration were set out in full in the announcement released on 23 July 2008.\n\nFollowing the transfer of Treasury shares to the vendors of Chapter 26, the Company now holds 51,054 ordinary shares in Treasury and Mr Mark Ward and Mr Mark Boxhall each have an interest in 1,283,532 ordinary shares in IS Solutions, representing 5.1 per cent of the Company's issued ordinary share capital.\n\nIn accordance with FSA's Disclosure and Transparency Rules, the Company advises that its capital consists of 24,793,190 ordinary shares of 2p each. The voting rights of these shares are identical with each share carrying the right to one vote. The Company now holds 51,054 ordinary shares in Treasury. Therefore the total number of the Company's ordinary shares with voting rights is 24,742,136. \n \nThe above figure of 24,742,136 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.\n\n\n\n\n\n\n\nEnquiries\n:\n\n\n\n\n\n\n\nJohn Lythall, Managing Director\n\n\nFiona Tooley/Keith Gabriel\n\n\n\n\nIS Solutions Plc\n\n\nCitigate Dewe Rogerson Ltd\n\n\n\n\nTel: +44 (0) 1932 893333\n\n\nTel: +44 (0)121 362 4035\n\n\n\n\nwww.issolutions.co.uk\n\n\nMobile: +44 (0) 7785 703523\n\n\n\n\n\n\n\n\n\n\n\n\nCharles Cunningham\n\n\n\n\n\n\n\nFinnCap\n\n\n\n\n\n\n\nTel: +44 (0) 207 600 1658\n\n\n\n\n\n\n\nTicker: AIM: ISL\n\n\n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END FURPUURCRUPBGUR \n ","length":5455,"tagName":"div"}]