19th Feb 2008 13:02
Tangent Communications PLC19 February 2008 19 February 2008 Tangent Communications plc ("Tangent") Issue of Equity Tangent has today made application for a total of 4,175,000 ordinary shares of1p each ("New Shares") to be admitted to trading on AIM as part of the deferredconsideration for its acquisition of marketing technology company C360 UK Ltd("C360"), which it acquired on 11 July 2006. Admission of the New Shares to trading on AIM is expected to become effective at8.00 am on 25 February 2008. Nicholas Green, CEO of Tangent, said "technology continues to play a significantrole in the growth of Tangent. New services and products remain at the heart ofour strategy and I would like to thank the team for all their work in deliveringa successful first full year and the already excellent start to the second". Further enquiries: Graeme Harris (Finance Director) 020 7553 6600 Collins Stewart (Nominated Adviser)Seema Paterson, Stewart Wallace 020 7523 8350 About the Company: Tangent Communications creates online and offline marketing systems to delivercustomised data-driven marketing material for companies including SAP, Lane Fox,Greene King and Gala Coral Group. The Company employs 160 people across threelocations, London, Newcastle and Cheltenham and is admitted to trading on AIM(AIM : TNG) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TNG.L