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Acquisition

6th Jun 2007 08:23

Redhall Group PLC06 June 2007 Redhall Group plc ("Redhall" or the "Company") Completion of Jex Acquisition and Vendor Placing Further to the announcement made on 31 May 2007, Redhall Group plc, thespecialist engineering support services group, is pleased to announce thatadmission of the 5,454,546 Vendor Placing shares became effective at 8.00am thismorning. The acquisition of Jex Engineering Company Limited ("Jex") for £11.9million has therefore now completed unconditionally. For more information please contact: Redhall Group plc Tel: +44 (0)1924 385 386 David Jackson, Chairman and Chief Executive Simon Foster, Deputy Chief Executive Altium Tel: +44 (0)161 831 9133 Phil Adams/Simon Lord/Paul Lines Buchanan Communications Tel: +44 (0)20 7466 5000 Isabel Podda / James Strong Notes to the Editor: Redhall is a well established engineering services group serving a range ofspecialist markets including nuclear, oil and gas, food manufacturing anddefence. The business operates in regulatory driven markets with high barriersto entry. In addition to its national skill base Redhall has an experiencedcentral management team led by David Jackson and Simon Foster. This information is provided by RNS The company news service from the London Stock Exchange

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