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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Proactis Holdings Plc | LSE:PHD | London | Ordinary Share | GB00B13GSS58 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 74.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPHD
RNS Number : 3972P
PROACTIS Holdings PLC
17 November 2016
PROACTIS Holdings PLC
Completion of Acquisition
PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the specialist Spend Control software provider, is pleased to announce that it has formally completed the acquisition of Millstream Associates Limited ("Millstream").
This follows the announcements on 10 November 2016 in relation to the Acquisition and Placing.
Rod Jones, Chief Executive of PROACTIS, said:
"Millstream is a clear complementary fit to the Group and we are very pleased to have completed the acquisition, which marks the next step in our growth strategy. We are excited by the potential upside with cross-selling opportunities into both the PROACTIS and Millstream customer bases. This acquisition enhances our scale and broadens our capabilities and we look forward to integrating Millstream into our business."
All terms in this announcement have the meaning given to them in the announcement released by the Company on 10 November 2016 at 7.00 a.m., unless otherwise defined herein.
Enquiries:
PROACTIS Holdings PLC Rod Jones, Chief Executive Officer Via Redleaf Communications Tim Sykes, Chief Financial Office Redleaf Communications Rebecca Sanders-Hewett 0207 382 4730 Sarah Fabietti-Dallison PROACTIS@redleafpr.com Sam Modlin finnCap Ltd Stuart Andrews/Carl Holmes/Emily Watts - Corporate Finance Stephen Norcross - Corporate Broking 0207 220 0500
The information communicated in this announcement (including the Appendix) contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQAKADBFBDDCDD
(END) Dow Jones Newswires
November 17, 2016 02:00 ET (07:00 GMT)
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