21st Jan 2005 16:05
IDOX PLC21 January 2005 For immediate release 21 January 2005 IDOX PLC ("the Company") Additional Listing The Company announces that pursuant to the agreement with the vendors of TFPLLimited ("TFPL"), as outlined in the announcement of 10 May 2004, the firsttranche of earn out consideration has become payable to the vendors in respectof the acquisition. This earn out consideration, which has been calculated on TFPL's gross profitsfrom 1 May 2004 until 31 October 2004, justified the maximum earn outconsideration under the acquisition agreement and will be payable through theissue of 5,194,805 new ordinary shares of 1 pence each in the Company ("NewOrdinary Shares") on the basis of a price of 11.55 pence per share. Application will be made for the admission of 5,194,805 New Ordinary Shares totrading on the AIM market of the London Stock Exchange. The New Ordinary Shareswill rank pari passu with all existing ordinary shares in the Company. It isexpected that admission will become effective and that dealings in the NewOrdinary Shares will commence on 27 January 2005. For further information please contact: Andrew Fraser, Chief Executive, IDOX plc Tel: 020 7954 3800 John McNicol, Company Secretary, IDOX plc Tel: 0141 574 1935 Alasdair Robinson, Noble & Company Limited Tel: 0131 225 9677 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Idox Group