30th Sep 2008 07:00
30 September 2008
First Derivatives plc
(AIM:FDP.L, IEX:GYQ.I)
Completion of Acquisition of Market Resource Partners
The Board of First Derivatives plc ("First Derivatives" or the "Company") announced on the 15 September 2008 that it had acquired Market Resource Partners LLC ("MRP"), a US based technology marketing company headquartered in Philadelphia, PA, for a total consideration of up to $20 million (£11.3m) (the "Acquisition"). The Board is pleased to confirm that the deal has now been completed and that it has issued 436,644 First Derivatives new ordinary shares (the "Consideration Shares") as part payment of the initial consideration.
The Consideration Shares will rank pari passu with the Company's existing ordinary shares. Application has been made for the Consideration Shares to be admitted to trading on AIM and IEX and dealings will commence on 3 October 2008. Following Admission the enlarged issued share capital of the Company will be 13,720,468 Ordinary Shares.
Contact:
|
First Derivatives plc Brian Conlon Michael O'Neill |
Tel: +44 (0)28 3025 2242 |
|
Charles Stanley Securities Nominated Adviser Russell Cook/Carl Holmes |
Tel: +44 (0)20 7149 6000 |
|
Goodbody Corporate Finance IEX Adviser Finbarr Griffin/ Diane Hodgson |
Tel: +353 1 667 0420 |
Related Shares:
FD Technologies