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NXS Nexus Man

0.085
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nexus Man LSE:NXS London Ordinary Share GB0030379423 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.085 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Further re. Strategic Review

27/01/2012 7:00am

UK Regulatory



 
TIDMNXS 
 
27 January 2012 
 
                             Nexus Management Plc 
 
                                   (AIM:NXS) 
 
                   ("Nexus" or"the Group" or "the Company") 
 
                          Further re Strategic review 
 
Further to the announcements made on 1 November and 9 December 2011, Nexus 
Management Plc, the AIM quoted provider of specialist IT Managed Services, 
announces that, as part of the strategic review process, the Board is 
considering a range of alternatives to maximise value for shareholders, 
including a possible sale of Resilience Technology Corp ("Resilience"). 
 
To assist in the potential sale of Resilience the Company has appointed 
advisers, to assist it in identifying potential third party buyers. The Board 
has also granted permission to the management team of Resilience to explore a 
management buyout of this business. 
 
The above process is still at a very preliminary stage and a further 
announcement will be made in due course. 
 
FURTHER ENQUIRIES 
 
Nexus Management plc 
 
M Barney Battles                                             Tel: 0778 976 6242 
 
Merchant Securities Limited (Nominated Adviser) 
 
Simon Clements / David Worlidge                              Tel: 020 7628 2200 
 
Rivington Street (Broker) 
 
Jon Levinson                                                 Tel: 020 7562 3351 
 
Bishopsgate Communications Ltd 
 
Nick Rome / Deepali Schneider/Natalie Quinn                  Tel: 020 7562 3350 
 
Notes to Editors 
 
Nexus Management is an IT Managed Services Provider specializing in reducing 
the cost and complexity of IT for companies. Nexus has been a pioneer in cloud 
computing and virtualization with many customers benefiting from these modern 
disciplines. Nexus operates in two key markets: Europe and the US, where it can 
offer customers 24 hour help desk support, Remote Server Management, Wide Area 
Network Management, equipment monitoring, Disaster Recovery, Data Storage and 
Desktop Support, and through its Resilience Technology Corporation subsidiary 
(www.resilience.com), bullet-proof network security. 
 
Resilience has since 1985 delivered network security appliances with the most 
advanced operating system. RES/OS boasts such features as open systems 
flexibility and life cycle management innovations for mission-critical 
applications. Resilience's high performance solutions are designed for network 
environments where availability is essential and security must not be 
compromised. 
 
Nexus Management is incorporated in the United Kingdom and its shares are 
quoted on the London Stock Exchange (AIM). 
 
http://www.nexusmanagementplc.com/ 
 
 
 
END 
 

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