Business
Completion of Acquisition
Completion of Acquisition.
About this update from Maintel Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 2405X Maintel Holdings PLC 04 May 2016 \n\n4 May 2016\nMaintel Holdings Plc (\"Maintel\" or the \"Company\")\n \nCompletion of Acquisition\nMaintel (AIM:MAI), is pleased to announce that it has today formally completed the acquisition of the Azzurri Communications Group. \nThis follows the announcements on 8 April 2016 in relation to the Acquisition and Placing, and on 27 April 2016 in relation to the passing of the Resolutions at the General Meeting of the Company.\nEddie Buxton, Chief Executive Officer of Maintel, commented:\n\"We are delighted to have completed the acquisition and look forward to integrating the Azzurri Communications Group into our business. This transformational acquisition enhances our scale and broadens our capabilities.\nWe anticipate the combined group will generate substantial cost synergies and expect the acquisition to be immediately earnings accretive. We look forward to the future with confidence and are excited by the long-term potential for the enlarged group.\" \n \nFor further information, please contact:\n\n\n\n\nMaintel Holdings plc\nEddie Buxton\nMark Townsend\n \n\n\n+44 (0)344 871 1122\n\n\n\n\nfinnCap (Nomad and Broker) \nJonny Franklin-Adams\nEmily Watts\nKate Bannatyne\n \n\n\n+44 (0)20 7220 0500\n\n\n\n\nOakley Capital (Financial Adviser) \nChristian Maher\nZishaan Arshad\nVictoria Boxall\n \n\n\n+44 (0)20 7766 6900\n\n\n\n\nDefined terms used in this announcement will have the meaning (unless the context otherwise requires) as set out in the Admission Document which is available on the Company's website www.maintel.co.uk. This announcement should be read in conjunction with the Admission Document published by the Company on 8 April 2016.\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ACQFZLFBQEFXBBL\n ","length":3608,"tagName":"div"}]