AGM Statement

 

TIDMBQS 
 
RNS Number : 1650E 
Baqus Group PLC 
15 December 2009 
 

FOR IMMEDIATE RELEASE 
15 DECEMBER 2009 
 
 
 
 
BAQUS GROUP PLC 
("Baqus" or "Group") 
(National Construction Consultancy and Quantity Surveying Group) 
 
 
AGM Statement 
 
 
 
 
The Directors of Baqus are pleased to announce that all resolutions proposed at 
the AGM in London today were duly passed. 
 
 
Contact: 
Baqus Group plc 
Clive Sayer (Chief Executive)07967 132 221 
Patrick Lineen (Finance Director)07818 034 452 
Seymour Pierce (Nominated Adviser and Broker) 
Mark Percy020 7107 8000 
Cubitt Consulting (Financial Public Relations Advisers) 
Brian Coleman-Smith / James Verstringhe020 7367 5100 
 
 
Background Note: 
 
 
Baqus Group 
 
 
Baqus was admitted to trading on AIM on the 14 December 2007, having raised 
GBP1.75 million through a placing of 17,500,000 Ordinary Shares. 
 
 
Baqus is a national building consultancy and quantity surveying group offering 
construction cost consultancy, project management and building surveying 
services to clients in the UK. The Group works across a number of business 
sectors including: health, education, leisure, hospitality, affordable housing, 
residential, commercial and conservation. Clients include local authorities, 
central government, NHS, residential Housing Associations, commercial companies 
and developers. 
 
 
The Quantity Surveying Market in the UK, estimated to be worth in excess of GBP1 
billion, is highly fragmented and dominated by a small number of major players, 
which the Baqus Group Directors believe make it ripe for consolidation. Since 
the Group's admission to AIM, they have been pursuing a strategy of acquiring 
small to medium sized Quantity Surveying practices across the country, the most 
recent of which is Nigel Rose Group. Previous activity includes the acquisition 
of Sworn King and Partners in 2008. Once acquired, the practices are 
incorporated into the wider Group with a particular emphasis on exploiting 
opportunities for operational synergies with existing business units. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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