30th Sep 2015 12:08
LONDON (Alliance News) - London Capital Group Holdings PLC Wednesday said it has finalised the acquisition of Surecom Ltd and will issue 3.8 million shares as consideration for the purchase.
Surecom is a Cyprus-based software development company.
"The acquisition of Surecom will facilitate the further development and enhancement of the company's dealing platforms and new advanced technologies which, the directors believe, will help position the company as a leading provider of online trading services," London Capital said in a statement.
Shares in London Capital were trading up 1.7% at 15.00 pence Wednesday afternoon.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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