Clarity Commerce Solutions PLC
11 May 2007
Clarity Commerce Solutions plc
(the 'Company')
Additional Listing
Application has been made to AIM, a market of the London Stock Exchange plc, for
the admission of 2,137,201 ordinary shares of 25p each (the 'New Ordinary
Shares'). It is expected that admission will occur on 16 May 2007.
The New Ordinary Shares have been issued to the vendors of MATRA Systems
(Holdings) Limited and Romulus Enterprises Limited, the acquisitions of which
were announced by the Company on 29 March 2006 and 24 March 2003 respectively,
as the elements of the deferred consideration and earn out consideration
pursuant to the terms of the sale and purchase agreements used to effect both
acquisitions. These shares rank pari passu with the Company's existing Ordinary
Shares. A breakdown of the individual elements of the consideration for the two
acquisitions and the various dates of issuance is given in the table below.
Reason for Issuance Date Issued Shares held
Romulus deferred consideration Feb-05 393,443
Romulus earn out Dec-06 228,606
MATRA consideration Aug-06 1,515,152
2,137,201
At the date of this announcement the Company's issued share capital consists of
21,081,844 ordinary shares of 25 pence each with voting rights. The Company does
not hold any shares in Treasury.
This information is provided by RNS
The company news service from the London Stock Exchange
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