Business
Update on Acquisition
Update on Acquisition.
About this update from Forgent Plc
[{"type":"text","content":"\n \nRNS Number : 8521Z EQTEC PLC 19 December 2017 \n\n \n \nPrior to its publication, certain information in this announcement was deemed to constitute inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.\n \n19 December 2017\n \nEQTEC plc\n(\"EQTEC\", the \"Company\" or the \"Group\")\n \n \nUpdate on Acquisition \n \n \nEQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, announces that due to unforeseen logistical issues with one of the Vendors, the parties will not be in a position to appear before a notary in Barcelona in order to ratify and complete the transfer of the shares in Eqtec Iberia SL on Thursday 21 December 2017 as originally expected. \n \nAccordingly, the parties have agreed to delay completion of the Acquisition and the Company advises that Admission will not take place on 21 December 2017 as planned. The Company has received confirmation from the Vendor that completion of the Acquisition will take place by 29 December 2017 and the Company will update the market in due course as to the revised date for Admission. However, both the Extraordinary General Meeting and the Annual General Meeting will take place as planned tomorrow.\n \nCapitalised terms used in this announcement bear the meaning given to them in the Company's admission document dated 27 November 2017.\n \nEnquiries\n \n\n\n\n\nEQTEC plc\n\n\n+353 (0)21 2409 056\n\n\n\n\nGerry Madden/Brendan Halpin \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNorthland Capital Partners Limited - Nomad and Joint Broker\n\n\n+44 (0)20 3861 6625\n\n\n\n\nTom Price / Dugald J. Carlean\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSVS Securities Plc - Joint Broker\n\n\n+44 (0) 20 3700 0093\n\n\n\n\nTom Curran / Ben Tadd\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nVSA Capital Limited - Financial Adviser and Joint Broker\n\n\n+44 (0)20 3005 5000\n\n\n\n\nAndrew Monk / Andrew Raca\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLuther Pendragon - Financial PR\n\n\n+44 (0)20 7618 9100\n\n\n\n\nHarry Chathli / Alexis Gore / Ana Ribeiro \n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ACQTLBRTMBJBBFR\n ","length":5757,"tagName":"div"}]