Brainspark PLC
03 August 2005
FOR IMMEDIATE RELEASE
3 August 2005
BRAINSPARK PLC
('Brainspark' or the 'Company')
Share price movement
The Company notes the movement in its share price. The Company announces that it
is in advanced discussions in relation to a possible transaction whereby the
Company may grant a call option over its 16.2 per cent. investment in Advanced
Computer Systems SpA ('ACS'), an Italian based software company which is held in
the Company's balance sheet at a book value of £1.43 million.
There can be no assurance whether or not the envisaged transaction will be
proceed and a further announcement will be made in due course.
ENDS
Further information
David Meacher, Brainspark PLC 07780707252
Roland Cornish, Beaumont Cornish Limited 020 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange