Acquisition

Empresaria Group PLC 08 April 2008 8 April 2008 Empresaria Group plc ('Empresaria' or the 'Group') Empresaria Group plc ('Empresaria' or the 'Group'), the AIM-quoted international staffing and recruitment specialist, is pleased to announce the completion of its acquisition of 75% of the share capital of Lumley Employment Company Limited ('Lumley') on 4 April 2008. The initial consideration payable amounts to £485,000, comprising £423,000 in cash and the issue of 66,666 new ordinary shares of 5p each in Empresaria fully paid, ranking pari passu with the existing ordinary shares ('Ordinary Shares'). Application will be made for these Ordinary Shares to be admitted to trading on AIM and it is anticipated that dealings will commence on 14 April 2008. The total maximum consideration payable amounts to £510,000. Founded in 1972, Lumley has established a strong brand presence in the UK, providing temporary and permanent catering and domestic staff to the private and commercial sectors. Its acquisition is expected to complement the operations of an existing Empresaria subsidiary, Greycoat Placements, positioning the Group to strengthen its exposure to this growing sector of the market. For further information please contact: Empresaria 01293 649 900 Miles Hunt, Chief Executive Nick Hall-Palmer, Finance Director First City 020 7242 2666 Allan Piper Smith & Williamson Corporate Finance Limited 020 7131 4000 Azhic Basirov / Siobhan Sergeant Notes for editors: Empresaria Group plc (sector Support Services, staffing) provides specialist staffing services across seventeen countries through over 40 trading subsidiaries. Empresaria was formed in 1996 by Miles Hunt and its business model is based on the philosophy of management equity which allows founder managers and key staff within Empresaria's subsidiaries to acquire or retain a meaningful stake in the businesses they run or work in. This information is provided by RNS The company news service from the London Stock Exchange
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