Completion of Disposal

RNS Number : 7481R
RedstoneConnect PLC
18 June 2018
 

18 June 2018

RedstoneConnect Plc

("RedstoneConnect" or the "Company")

 

Completion of Disposal

 

RedstoneConnect (AIM: REDS) is pleased to announce that further to the announcement on Friday, 15 June in relation to the proposed disposal of Comunica Holdings Limited and Commensus Limited (which together comprise the Company's Systems Integration and Managed Services divisions) to Excel I.T Services Limited (the "Disposal"), following approval at the General Meeting, the remaining conditions of the Share Purchase Agreement have been satisfied and therefore the Disposal has completed.

 

Enquiries

RedstoneConnect Plc

Frank Beechinor (CEO)

Spencer Dredge (CFO)

via Vigo Communications

Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker)

Marc Milmo / Catherine Leftley

+44 (0)20 7894 7000

Whitman Howard Limited (Joint Broker)

Nick Lovering

+44 (0)207 659 1234

Vigo Communications (Financial Public Relations)

Jeremy Garcia / Antonia Pollock / Ben Simons

reds@vigocomms.com

+44 (0)20 7390 0237

 


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