27th Oct 2005 10:23
DAT Group PLC27 October 2005 For immediate release: 27 October 2005 DAT Group plc ("DAT" or the "Group") EGM RESOLUTIONS AND SECONDARY PLACING London, 27, October 2005 - DAT Group announces that all resolutions at theirExtraordinary General Meeting, held today, were duly passed. In addition theGroup is also able to announce the successful completion of the Placing of17,666,667 new Ordinary Shares of 1p each at a price of 30 pence per share. Thissecondary placing has raised £5.3 million of new money (before expenses). It isanticipated that the new Shares will commence trading on Friday 28 October 2005. Commenting on the announcement, Carsten Brinkschulte, CEO of DAT said, "DAT hasa positive future as an international product company. After a period ofinternal review and refocus, DAT can now look to the future with confidence.Following the restructure we are now excited by the opportunity we have tobecome a crucial provider of mobile device management solutions for mobileoperators, handset manufacturers as well as enterprises. With the Groupanalysis, review and fundraising now completed we can move on to drive DATforward to success." For more information please visit www.datgroup.com or contact: Carsten Brinkschulte Nicole Meissner, CMODAT Group plc DAT Group plcMobile: +49 172 88 72 758 Office: +49 30 616 75 650 Mobile: +49 173 606 91 60Simon Hudson / Clemmie CarrTavistock CommunicationsTel: +44 20 7920 3150 Notes to Editors About DAT Group plc DAT Group plc focuses on mobile management solutions for operators, devicemanufacturers, retailers and enterprises. The company offers a varied productportfolio ranging from data synchronization (DS) to device management (DM),firmware updates over-the-air (FOTA) and mobile device management (EnterpriseAssistant). DAT has unique expertise in smart devices across all platforms basedon its market-leading over-the-air (OTA) delivery platform. Based in the UK, thecompany also has offices in Germany and the U.S. DAT is a public company listedon the London Stock Exchange. More information about DAT is available atwww.datgroup.com About Synchronica Synchronica focuses on SyncML synchronization and device management solutionsfor mobile operators, device manufacturers, and enterprises. The company offersa complete SyncML product portfolio ranging from data synchronization (DS) todevice management (DM) and firmware update over-the-air (FOTA). Synchronica hasa strong track record in the SyncML space, including the launch of the world'sfirst SyncML DM FOTA server with a leading European device manufacturer. TheSynchronica SyncML Gateway provides over-the-air synchronization ofSyncML-enabled mobile phones with corporate Microsoft Exchange servers. Moreinformation is available at www.synchronica.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Syncona