Business
Acquisition
Acquisition.
About this update from Clarkson Plc
[{"type":"text","content":"\n Clarkson PLC\n17 May 2007\n\n 17 May 2007\n\n\n\n CLARKSON PLC\n ('Clarksons')\n\n Acquisition of Cofimar SAS\n\n\nClarkson PLC announces that it has acquired the remaining 51% interest, that it\ndoes not currently own, in the dry cargo broker Cofimar SAS for a total\nconsideration of US$2.5 million.\n\n\nThe total consideration will be satisfied by the issue of shares and as a\nresult, application has been made to the UK Listing Authority and to the London\nStock Exchange for admission to the Official List for a listing of 129,107\nOrdinary Share of £0.25 each. These shares, ranking pari passu in all respects\nwith the existing shares in issue, will be allotted to Messrs Richou and Poux.\n\n\nIt is expected that admission of the Ordinary shares will become effective on 22\nMay 2007.\n\n\nRichard Fulford-Smith, Chief Executive of Clarksons PLC commented 'Given our\ncomplimentary client bases, we believe that buying out our partners'\nshareholding will bring additional benefits to our clients, through the global\nconsolidation in handling their various business lines.'\n\n\n\n\nFor further information, please contact:\n\nHudson Sandler Telephone: 020 7796 4133\nJessica Rouleau\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1548,"tagName":"div"}]