EMPLOYEE BENEFIT TRUST DEALING

RNS Number : 2101I

Regenersis PLC

23 March 2015

 

23 March 2015

REGENERSIS PLC

("Regenersis" the "Company" or the "Group")

EMPLOYEE BENEFIT TRUST DEALING

The Company has been notified today that the Regenersis Employee Benefit Trust bought 150,000 shares in the Company on 19 March 2015 at a price of 200.0p per share.

Following this, the Employee Benefit Trust is interested in 1,977,831 ordinary shares, representing 2.5% of the Company's issued share capital.

Enquiries:

Regenersis Plc                                                                                                  [phone]

Matthew Peacock, Executive Chairman

Jog Dhody, Chief Financial Officer

Panmure Gordon (UK) Limited (Nomad and Joint Broker)            [phone]

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Peel Hunt LLP (Joint Broker)                                                                       [phone]

Richard Kauffer

Edward Fox

Tulchan Communications                                                                            [phone]

Tom Buchanan

Victoria Huxster

 

Regenersis provides a suite of product life cycle support services designed to help companies and their customers successfully deploy, protect, sustain, retire and re-use digital technology.

Our Depot Solutions Division operates client oriented electronic repair and refurbishment facilities around the world, being one of the leading operators in this field.  The Division contributed 78% of total Group revenue and 48% of Headline Operating Profit in the most recent reported period.

Our Software and Advanced Solutions Division comprises innovative businesses with attractive growth and margin potential, which benefit from Regenersis's global presence and client relationships in Depot Solutions.  This currently includes Blancco, a software business which is the global market leader in securely erasing data from devices; Regenersis's Set Top Box diagnostics business, which provides automated functionality testing; Digital Care, which provides smartphone accidental damage insurance programmes in partnership with insurance underwriters; and Xcaliber Technologies, a software business in the area of smartphone issue diagnosis and resolution.  The Division contributed 22% of total Group revenue and 52% of Headline Operating Profit in the most recent reported period.

www.regenersis.com

 

END

 

 

RDSLLFISVIIVFIE