5th May 2015 08:15
5 May 2015
EU Supply plc
("EU Supply", the "Company" or the "Group")
Publication of report & accounts and posting of Notice of AGM
EU Supply PLC (LSE AIM: EUSP), the e-procurement SaaS provider, is pleased to announce that its report & accounts for the year ended 31 December 2014 and notice of Annual General Meeting have been sent to shareholders and copies are available on the Company's website, www.eu-supply.com.
The Company's AGM will be held at 10.00am on 5 June 2015 at the offices of Westhouse Securities, 20th Floor, 110 Bishopsgate, London EC2N 4AY.
FURTHER ENQUIRIES
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A copy of this announcement is available at www.eu-supply.com.
Notes to Editors
EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.
Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.
The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 7,000 European public sector bodies in 10 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).
The Company's shares were admitted to trading on AIM in November 2013 when the Company raised £5.0 million before expenses. In July 2014, the Company raised a further £1.35 million by way of a placing of new ordinary shares, the proceeds of which were mainly used to strengthen the Company's balance sheet, provide working capital to support the growth of the business as it expands and aims to gain market share and to provide additional funds for sales and marketing.
Related Shares:
EUSP.L