27th Jan 2016 16:10
Castleton Technology plc
("Castleton", the "Group" or the "Company")
Statement re Share Price Movement
The Company notes the recent rise in its share price and confirms that, in line with the Company's stated strategy of building a public sector focused IT managed services and software business, the Directors are currently in discussion with a potential bolt-on acquisition target which may or may not lead to a transaction in the near future. Further updates will be made as and when appropriate.
Enquiries:
Castleton Technology plc Ian Smith, Chief Executive Haywood Chapman, Chief Financial Officer | Tel. 44 (0)20 7965 8149 http://www.castletonplc.com
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finnCap Ltd Jonny Franklin-Adams / Simon Hicks | Tel. +44 (0)20 7220 0500 |
MXC Capital Markets LLP Marc Young / Charlotte Stranner | Tel. +44 (0)20 7965 8149
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About Castleton Technology plc
Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The acquisitions of Montal, Documotive, Opus, Keylogic, Brixx and Impact Applications bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com
Related Shares:
CTP.L