InterQuest Group PLC Acquisition of remaining RDW shares & Exercise (7625M)
October 18 2016 - 2:00AM
UK Regulatory
TIDMITQ
RNS Number : 7625M
InterQuest Group PLC
18 October 2016
INTERQUEST GROUP PLC
("InterQuest")
Acquisition of remaining RDW shares and exercise of options
Further to the announcement made on 3 August 2016, InterQuest
Group plc (AIM: ITQ.L), the specialist recruiter in the technology,
analytics and digital market is pleased to announce that it has
served notice exercising its call option to acquire the remaining
shares in RDW-RD Limited ("RDW").
Completion of the acquisition of the remaining RDW shares is
expected to take place on 20 October 2016. On completion of the
acquisition, a total of 205,333 shares in InterQuest will be issued
to satisfy the remaining share-based consideration of RDW.
Application will be made for the 205,333 new ordinary shares to be
admitted to trading on AIM and it is expected that admission will
take place on 21 October 2016.
In addition the Company announces that it has issued 80,000 new
ordinary shares pursuant to the valid notice of exercise of options
under the Company's share option schemes. 80,000 options were
exercised at an option price of 1 pence per share.
Application is being made for the 285,333 new ordinary shares to
be admitted to trading on AIM and it is expected that admission
will take place on 21 October 2016.
The new ordinary shares will rank pari passu with the existing
shares of the Company. Following admission of the new ordinary
shares, the total issued share capital of InterQuest will be
37,528,569 ordinary shares. The Company holds 2,000 ordinary shares
in treasury which do not carry voting rights and therefore the
total number of shares with voting rights in the Company is
37,526,569.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
InterQuest Group plc
David Bygrave (CFO) Tel: +44 (0) 20
7025 0100
Panmure Gordon (UK) Limited Tel: +44 (0) 207
Nominated Adviser & Broker 886 2500
Dominic Morley / Karri
Vuori
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQBCBDGIDBBGLR
(END) Dow Jones Newswires
October 18, 2016 02:00 ET (06:00 GMT)
Interquest (LSE:ITQ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Interquest (LSE:ITQ)
Historical Stock Chart
From Apr 2023 to Apr 2024