Notice of Results

RNS Number : 2323C

Acal PLC

10 November 2009

 



FOR IMMEDIATE RELEASE

7.00am

10 November 2009

Acal PLC

Interim Results Announcement

Wednesday, 25 November 2009

Acal PLC will announce its interim results for the six months ended 30 September 2009 on Wednesday, 25 November 2009. On the day a presentation will be held for analysts at 9.15am for 9.30am at JP Morgan Cazenove, 20 Moorgate, London, EC2R6DA. Anyone wishing to attend should call the number below for an invitation.

Cubitt Consulting 

Brian Coleman-Smith / James Verstringhe                020 7367 5100

Background Note:

The Acal Group is a European technology-based distributor providing sales, marketing and other services through three divisions: Electronics, Supply Chain and Medical. The Electronics division distributes electronic products to industrial manufacturing and design companies. The Supply Chain division supplies new and refurbished IT, EPOS and ATM spare parts to service providers while the Medical division supplies hi-tech medical equipment to public and private healthcare providers. Acal has operating companies in the UK, Netherlands, Belgium, Germany, France, Italy, South Africa, Spain and Scandinavia.

On 29 October 2009, Acal announced that it had agreed to acquire, subject to shareholder approval, BFi OPTiLAS for a consideration of €10 million payable in cash and 2 million Acal ordinary shares. BFi OPTiLAS is a private specialised distributor of electronic and photonic components, modules and systems across Europe, as well as supplying value-added calibration and maintenance services and it is anticipated that the combined group will have over 14,000 customers across Europe.

 

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