Business
First Day of Dealings
First Day of Dealings.
About this update from Xps Pensions Group Plc
[{"type":"text","content":"\n eXpansys Plc\n11 April 2007\n\n\nPress Release 11 April 2007\n\n eXpansys plc\n\n ('eXpansys' or 'the Group')\n\n\n First Day of Dealings\n\n\neXpansys plc, a leading online retailer of wireless technology, today announces\nthe commencement of dealings of its Ordinary Shares on AIM. Cenkos Securities\nplc is the Group's Nominated Adviser and Broker. The stock market EPIC is XPS.\n\nThe Group specialises in the sale of handheld electronic devices with wireless\nconnectivity and boasts a wide offering ranging from smartphones and ultra\nmobile personal computers, to cameras and GPS equipment. Under the umbrella of\nwww.expansys.com, www.nomatica.com, www.portix.com and www.mobileplanet.com,\neXpansys operates some 50 websites in 12 different languages that cater to the\nmajor economies of the world and serve both retail customers and blue-chip\ncorporate accounts including Microsoft, Oracle, The Metropolitan Police and Dell\nComputer.\n\nBased in Manchester, eXpansys has grown both organically and through acquisition\nand has a global infrastructure that allows it to service its international\ncustomer base through a network of warehouses in the UK, France, USA, Hong Kong\nand Australia.\n\nPlacing Statistics\n Placing Price 58 pence\n Number of Ordinary Shares being issued pursuant to the Placing 17,241,379\n Number of Ordinary Shares in issue following the Placing 40,353,907\n\nRoger Butterworth, Chief Executive Officer of eXpansys plc, said: 'We are\npleased that the flotation has been completed successfully and are delighted\nwith the support from our new shareholders. The Placing will strengthen our\nbalance sheet and will enable us to capitalise on a variety of organic growth\nopportunities. Our successful track record of integrating acquisitions places\nthe Group in a strong position to consolidate further this highly fragmented\nindustry.'\n\n\nFor further information, please contact:\n\n eXpansys plc\n Roger Butterworth, CEO Tel: +44 (0) 161 232 3410\n [email protected]\n\n Cenkos Securities plc\n Stephen Keys, Corporate Finance Tel: +44 (0) 207 397 8926\n [email protected]\n\n\nMedia enquiries:\n Abchurch Communications\n Heather Salmond / Ariane Comstive Tel: +44 (0) 20 7398 7700\n [email protected] www.abchurch-group.com\n [email protected]\n\n\nPhotography\n\nPhotographs are availa...