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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hat Pin | LSE:HTP | London | Ordinary Share | GB0030348576 | ORD 2.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 33.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3457S Hexagon Human Capital PLC 15 April 2008 Date: 15 April 2008 On behalf of: Hexagon Human Capital plc ("the Group" or "the Company") Embargoed until: 1000hrs Hexagon Human Capital plc Acquisition of Akamai Financial Markets (UK) Ltd and Akamai Financial Markets Executive Search (Dubai) Ltd Hexagon Human Capital plc (AIM: HHC), the leading UK provider of senior interim executive managers and a major provider of executive search services, is pleased to announce the purchase of the business and assets of Akamai Financial Markets (UK) Ltd and the entire share capital of Akamai Financial Markets Executive Search (Dubai) Ltd (collectively referred to as "Akamai") from Hat Pin Plc for consideration of £1 each. Akamai is a specialist provider of executive search services to the international financial services industry. Hexagon's strategy is to build an international multi sector consultancy for the provision of leadership talent to a broad customer base and Akamai fills an important gap in its portfolio. Akamai has operations in the UK and in Dubai which provides the Group with an important Middle East base; one of the fastest growing markets for Hexagon. The acquisition will also provide the Group with a strong platform from which to develop senior executive interim business in these markets. For the 12 months to December 2007 Akamai had unaudited Net Fee Income of £4.3m and Losses Before Interest and Tax of £0.4m. Net assets on completion will be £nil. Commenting on the Acquisition, Hexagon Chief Executive Jonathan Wright said: "Akamai is an excellent fit with Hexagon's existing portfolio of businesses. Akamai is a company I know well having hired the three senior Akamai Directors into the business in the late 1990s when I was responsible for its operations as Group Managing Director of the Alexander Mann Group. I believe under Hexagon's stewardship, Akamai will be better able to realise its potential and will complement the Group's existing search and senior interim management operations." Enquires to: Hexagon Human Capital plc Tel: 020 7337 1133 Jonathan Wright, Chief Executive www.hexagonhc.com Carl Thompson, Finance Director Brewin Dolphin Investment Banking (NOMAD) Tel: 0845 270 8600 Matt Davis/ Alison Barrow Redleaf Communications hexagon@redleafpr.com Emma Kane/ Sanna Sumner/ Anna Dunkin Tel: 020 7822 0200 Notes to Editors: - Hexagon Human Capital is the market-leader in providing senior interim executives; - The Group floated on AIM on February 2007; - It was established in 2004 by Jonathan Wright and Dr Swee Lip Quek with a strategy to buy and build in the interim management and executive search sectors; - Hexagon has already built up a portfolio of profitable companies operating in a variety of sectors: - Archer Mathieson Ltd: A leading UK provider of interim management and executive recruitment in the specialist fields of finance, IT and human resources; - BIE Interim Executive Ltd: The market leading senior interim management company; - Acumen: Provider of leadership talent to the management consulting and advisory sectors; - Euromedica: Leading life sciences and healthcare executive search company with operations in the UK, Benelux, France, Switzerland, Scandinavia and India; - Oxygen: Leader in the provision of leadership talent to UK and international clients in the retail & consumer, retail financial services, industry, business & professional services and real estate sectors; and - Roberts and Corr: Deliver board level search and HR consultancy to a number of major companies in their specialist sectors. This information is provided by RNS The company news service from the London Stock Exchange END ACQGUUACCUPRUBA
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