Director dealings

RNS Number : 2778T

IS Solutions PLC

16 July 2015

 

I S Solutions Plc

("IS Solutions" or the "Company")

Director's dealings

The Company was notified today that Barrie Clark, who is retiring as Chairman of the Company at the end of this month, today sold 285,000 Ordinary Shares of 2 pence each in the Company ("Ordinary Shares") at 50 pence per share. Following this transaction, Mr. Clark is interested in 206,000 Ordinary Shares, representing approximately 0.6 percent of the Company's total issued ordinary share capital.

ENQUIRIES

IS Solutions Plc John Lythall, Managing Director Tel: [phone]

FinnCap Nominated Broker & Adviser Ed Frisby/Emily Watts - Corporate Finance Stephen Norcross - Corporate Broking Tel: [phone]

TooleyStreet Communications Ltd IR & Media Relations Fiona Tooley, Director Tel: [phone] Email:[e-mail] Editor's Note IS Solutions Plc (Ticker: AIM: ISL  Accreditation: ISO27001) Established in 1985, IS Solutions is a systems integrator focusing on three business areas, namely portals, analytics and enterprise content management.  Specifically, IS Solutions specialises in bringing together a range of components from various technological solutions providers and software developers to create a unified and fully functioning system for the end client.  Within each of its business areas, IS Solutions generates three principal revenue streams across product sales, projects and managed services and licence maintenance.  The Company was admitted to AIM in 1997. On 23 January 2015, the Company completed the acquisition of the entire share capital not already owned by the Company of Speed-Trap Holdings Limited ("STH"), the parent company of Celebrus Technologies Limited, a company engaged in big data feeds supplying corporates and organisations with detailed data on individual consumer interactions through internet enabled devices.  Celebrus Technologies operates in the field of big data to provide business intelligence and analysis, specialising in supplying detailed data feeds on customer interactions through internet enabled devices at an individual customer level to corporates and organisations. IS Solutions has been a trading partner of Celebrus for over 10 years. The business employs 116 staff, including 18 in Chennai, India, who provide product development and support.  It also has a strong blue-chip client base which includes Toyota, Toshiba as well the AA, NHS, KBC Bank, Compare The Market™, URENCO, HMRC, M&S and RBS.

E-mail: [e-mail] Website: www.issolutions.co.uk Follow us: www.linkedin.com/company/issolutions

 

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