EGM / Additional Listing
05 4월 2005 - 1:27AM
UK Regulatory
RNS Number:5869K
SectorGuard PLC
04 April 2005
SectorGuard plc
("SectorGuard" or "Company")
Acquisition of SectorAlarm Limited
The Board of SectorGuard is pleased to ancounce that it has today completed the
acquisition of the entire issued share capital of SectorAlarm Limited
("SectorAlarm"), a company which installs security alarm systems, following the
approval of the acquisition by shareholders at today's extraordinary general
meeting.
In accordance with the terms of the sale and purchase agreement, application has
been made for the admission of 4,525,576 new ordinary shares in SectorGuard to
trading on AIM. Dealings are expected to commence on 5 April 2005.
SectorGuard CEO David Marks said: "We believe SectorAlarm will provide us with
a strong platform for growth in the electronic security systems sector and
expect that this acquisition will be the first of a series in this sector. The
merger of the two businesses will enable us to provide a total security solution
to all our present and future clients. By bringing together the two companies
we can cross fertilise business across the two diverse client bases, offering
enhanced services to our clients and generate significant returns."
Enquiries:
David Marks SectorGuard Plc Tel: 01279 724 777
This information is provided by RNS
The company news service from the London Stock Exchange
END
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