OFT clears LalPac Acquisition

RNS Number : 3063F

IDOX PLC

20 April 2011

 



20 April 2011

IDOX plc

OFT clears completion of LalPac acquisition

IDOX plc (AIM: IDOX, 'IDOX' or the 'Company'), a leading independent supplier of software and services to the UK public sector and other markets, is pleased to note that the Office of Fair Trading ('OFT') will not refer the proposed acquisition of LalPac Ltd ('LalPac'), announced by the Company on 9 February 2011 (the 'Acquisition'), to the Competition Commission.

The OFT said on 20 April 2011 that it will not refer the Acquisition to the Competition Commission under the provisions of the Enterprise Act 2002.

Completion of the Acquisition is therefore expected to take place in May 2011, subject to the conclusion of certain legal formalities.

Enquiries:

IDOX plc	[phone]
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
William Edmondson, Chief Financial Officer
Investec Investment Banking	[phone]
Andrew Pinder Patrick Robb Cara Griffiths
FinnCap	[phone]
Charles Cunningham (Corporate Finance)
Stephen Norcross (Corporate Broking)
College Hill	[phone]
Adrian Duffield / Kay Larsen

About IDOX plc

IDOX plc is a supplier of software solutions and services to the UK public sector and increasingly to the wider corporate sector. It is the leading applications provider to local government for core functions relating to land, people and property, such as its market leading planning systems and election management software. Over 90% of UK local authorities are now customers.

The Group provides public sector organisations with tools to manage information and knowledge, documents and content, business processes and workflow as well as connecting directly with the citizen via the web.

These capabilities have been recently extended via the acquisition ofMcLaren Software into the related area of engineering document management and control applications, serving many leading international companies in industries such as oil & gas, mining, utilities, pharmaceuticals and transportation.

IDOX also supplies decision support content and additional specialist services via the IDOX Information Solutions business, as well as transforming approaches to knowledge and content management via consultancy and training in the UK and internationally.

In addition, it provides these specialist skills to customers through its TFPL branded recruitment division.

For more information see www.idoxplc.com

 

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