17 March 2006 Constellation Increase their share holding
Gladstone plc
Holding in Company
Gladstone plc ("Gladstone" or the "Company") received notification on 16 March
2006 from Constellation Software Inc that as a result of a recent share
purchase, Constellation Software Inc now has an interest in 6,769,000 shares of
1 pence each in Gladstone, representing 13.01% of the Company's issued ordinary
share capital.
Constellation is a company who's main business is taking over other companies:- website is here:-
In the past they have taken over similar companies (
GLD meet all their criteria.
A mid to large sized VMS business, i.e. a minimum of $1 million earnings before interest and tax.
Consistent earnings and growth.
Generating a good return on equity.
Experienced and committed management.
Offering price that has been determined.
Independant Newspaper had GLD as their share to watch in 2006