LONDON (Thomson Financial) - Broca Plc agreed to buy Sure On Sight for
350,000 pounds in cash and shares and said it secured a loan of 1 million pounds
from 2ergo Ltd.
Broca will pay 50,000 pounds cash on completion and issue 1.46 million Broca
shares at 20.5 pence to cover the remainder of the payment, the company said in
a regulatory filing.
Broca said it will use the loan to meet its working capital requirements.
2ergo Ltd. holds 7.49 million shares or 19.9 percent of Broca's issued share
capital.
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