22nd Dec 2005 14:54
Filtrona plc22 December 2005 Filtrona plc ('Filtrona') today announces that it has purchased a further 30% ofthe issued share capital of FractureCode Corporation ApS ('FractureCode') fromits joint venture partner, ITO Technologies ApS, taking its current holding to80%. Filtrona has also entered into an agreement giving it the right to purchasethe remaining 20% of FractureCode's shares in March 2012. FractureCode is a unique track and trace technology that enables Filtrona'scustomers to manage their supply chains more effectively and can contribute toreductions in counterfeit products and smuggling. As at 30 June 2005, FractureCode had total gross assets of €1.7m. - End - Name of contact and telephone number for queries Steve Dryden 01908 359 100Morgan Bone 020 7251 3801 Name and signature of authorised company official responsible for making thisnotificationShanny Looi - Deputy Company Secretary Date of notification 22 December 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Essentra