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Globo plc (GBO)

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Monday 11 March, 2013

Globo plc

Globo joins FTSE AIM100 Index

RNS Number : 6414Z
Globo plc
11 March 2013
 



FOR IMMEDIATE RELEASE

Monday, 11 March 2013

 

GLOBO plc ("the Company")

Joins FTSE AIM 100 Index

 

Globo plc (LSE-AIM: GBO) the international leader and technology innovator delivering Enterprise Mobility Management and Telecom software products and solutions, is pleased to announce that, following the latest quarterly review by FTSE, its shares have been included in the FTSE AIM 100 Index.  In addition, Globo's shares are on the reserve list for the FTSE AIM UK 50 Index.

This follows a strong performance by Globo shares since the beginning of 2013.  During that period, the Company has announced a financial performance for 2012 ahead of market expectations, with revenues expected to have risen by approximately 28 per cent to €58 million (2011: €45.3 million).

Recently, at Mobile World Congress in Barcelona, the Company launched GO!Enterprise - Enterprise Mobility in a Box®, currently the only product specifically developed for the SME market, for which it also announced an exclusive distribution agreement for North America with Ingram Micro Inc.

Globo's CEO, Costis Papadimitrakopoulos, commented:

"Being included in the FTSE AIM 100 Index marks another milestone in the rapid development of Globo in the global enterprise mobility market, and reflects investor recognition of the major growth opportunity we have.

The launch of GO!Enterprise - Enterprise Mobility in a Box® and the endorsement we have received from the world's leading mobile technology distributor have generated strong interest from many of our partners and prospects around the world.  This includes the UK where we are now planning an initial launch of GO!Enterprise - Enterprise Mobility in a Box® and anticipate that recognition of the GO!Enterprise brand will quickly grow among SMEs and larger enterprises."

END

CONTACTS

Globo plc

+44 20-7378-8828

Costis Papadimitrakopoulos, CEO

Dimitris Gryparis, Finance Director

Mike Jeremy, IRO




RBC Capital Markets

(Nominated Adviser & Broker)

+44 20-7653-4000

Stephen Foss, Pierre Schreuder or

Daniel Conti


 

Bankside Consultants

 

+44 20-7367-8888

Simon Bloomfield

 

 


About GLOBO

GLOBO PLC is an international leader and technology innovator delivering Enterprise Mobility Management and Telecom software products and solutions. Globo has established itself as one of the market leaders in the ICT market, offering a wide range of products and services to the corporate, public and consumer market. The Group operates internationally through subsidiaries and offices in US, UK, Europe, Middle East and South East Asia. For more information visit the company's website at www.globoplc.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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