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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Seco Spa | BIT:IOT | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.046 | 2.99% | 1.584 | 1.586 | 1.59 | 1.616 | 1.532 | 1.56 | 70,628 | 11:03:43 |
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RNS Number:7114U
iSoft Group PLC
28 January 2004
28 January 2004: embargoed until 7.00am
iSOFT Group plc ("iSOFT")
Torex Retail Business
The Board of iSOFT announces that the Company is in advanced exclusive
negotiations to sell the Torex Retail Business for approximately #65 million,
including repayment of intra-group debt and the assumption of ongoing
liabilities relating to the Torex Retail Business. The sale is conditional,
inter alia, on the proposed purchaser securing the necessary equity finance.
The Torex Retail Business comprises all of the retail activities of the iSOFT
Group, being Torex Retail Limited, Torex Retail (Holdings) Limited and their
respective subsidiary undertakings, together with 69.8 per cent of the issued
share capital of Logware Informationssysteme GmbH.
A further announcement will be made when appropriate.
Enquiries:
iSOFT Group plc: + 44 (0) 161 935 8800
Tim Whiston, Group Finance Director
Hoare Govett Limited: + 44 (0) 20 7678 8000
Chris Fielding
Andrew Chapman
Financial Dynamics: +44 20 7831 3113
Giles Sanderson
James Melville-Ross
This information is provided by RNS
The company news service from the London Stock Exchange
END
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