Cohort PLC
16 October 2007
Cohort plc
16 October 2007
Update on the Acquisition of SEA (Group) Ltd and Vendor Placing
Following the announcement of the acquisition of SEA (Group) Ltd ('SEA') on 10
October 2007, Cohort plc ('Cohort' or the 'Company') is pleased to announce that
it has received acceptances from SEA Shareholders in respect of 89.3% of the
issued shares of SEA. The remaining shares in SEA are expected to be acquired
before the end of October 2007.
The Company has applied for 5,658,038 consideration shares to be admitted to the
AIM Market of the London Stock Exchange. It is expected that these shares,
together with the 4,000,000 Vendor Placing Shares, will be admitted to AIM at 8:
00 a.m. on 17 October 2007 at which time the acquisition will become wholly
unconditional.
Enquiries
Cohort plc 01491 843 150
Stanley Carter, Chief Executive
Simon Walther, Finance Director
Investec Bank (UK) Limited 020 7597 5970
Michael Ansell
Hogarth Partnership 020 7357 9477
Julian Walker
Andrew Jaques
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.