Business
Completion of Sale
Completion of Sale.
About this update from Cloudcoco Group Plc
[{"type":"text","content":"\n Glen Group PLC\n07 January 2008\n\n\n\n7 January 2008\n\n Glen Group plc\n ('the Company')\n \n Completion of Sale\n\nOn 19 December 2007, the Company announced the proposed sale of the business and \nassets of each of Eclectic Group Limited and I G Software Limited for a \nconsideration of up to £3.0m. As also announced, this transaction was approved \nby shareholders at an extraordinary general meeting of the Company held on \n4 January 2008. The sale has now been completed and the initial proceeds of \n£2.25m have today been received.\n\nFor Further Information:\n\nGlen Group plc\nGraham J Duncan, Chief Executive Officer 0845 119 2100\n\nSeymour Pierce Limited\nJonathan Wright 0207 107 8000\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n CDK \n ","length":1293,"tagName":"div"}]