The Vitec Group PLC
31 May 2007
Not for release, distribution or publication, in whole or in part, in or into
the United States, Canada, Australia or Japan
FOR IMMEDIATE RELEASE
1 June 2007
THE VITEC GROUP PLC
ACQUISITIONS OF NUCOMM AND RF CENTRAL
Further to the announcement of 30 May 2007, the Vitec Group plc ('Vitec') is
pleased to announce that the acquisitions of Nucomm Inc and RF Central LLC have
now completed.
The initial consideration was satisfied in part by the issue of new Vitec shares
worth $2.5 million (£1.27 million). Accordingly, 207,572 ordinary shares of 20
pence each have been issued and allotted. A further $1.0 million (£0.51
million) of new Vitec shares will be issued on completion of RF Central's
acquisition of Microwave Services Corporation, expected to take place in the
next few weeks. Application will be made to the UK Listing Authority and the
London Stock Exchange for these shares to be admitted to the Official List.
Enquiries:
The Vitec Group Tel: 020 8939 4650
Gareth Rhys Williams
Alastair Hewgill
Financial Dynamics Tel: 020 7269 7121
Richard Mountain
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.