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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Snowline Gold Corp | CSE:SGD | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.14 | 5.16 | 5.21 | 69 | 20:58:09 |
RNS Number:6095M SectorGuard PLC 20 June 2003 SectorGuard Plc ('SectorGuard' or 'the Company') ACQUISITION OF FIRST RESPONSE SECURITY SERVICES LIMITED Overview: *Acquires First Response Security Services Ltd *Increases enlarged Group turnover by #1.4 million *Fourth acquisition in 2003 *Part of SectorGuard's active on-going expansion strategy SectorGuard Plc, the AIM listed manned guarding provider has acquired First Response Security Services Limited ("First Response") for an initial payment of #150,000 in cash. Further consideration will be payable over the next 12 months dependant on the performance of the acquired contracts. First Response, which has a #1.4 million turnover, provides comprehensive manned guarding services to businesses and landmark buildings in London and the Midlands. The deal, which follows the acquisition of London Alliance Contract Service, expands SectorGuard's profile and enhances its corporate offering. SectorGuard Chief Executive David Marks said: "First Response has a solid reputation of providing high quality security services. This acquisition, our fourth this year, complements our core offering, increases our range of blue chip contracts, provides further critical mass in the London market and builds up our growing presence in the Midlands. "We remain committed to our business model of building a company through acquisition and organic growth. There are many smaller privately run manned guarding outfits in the UK whose clients and staff would benefit greatly from being associated with a larger and more centralised organisation. As a result we continue to explore other opportunities, to build a company that provides comprehensive and competitive manned guarding solutions nationally." SectorGuard, founded in 1998, supplies manned guarding solutions for an expanding range of clients including Shell International, The Bank of America, The International Press Centre, the London Borough of Camden, CGNU and Sun Life. Its services encompass static guards, mobile patrols and key holding and alarm response. ENDS Contacts: David Marks SectorGuard Plc Tel: 01279 724 777 Hugo de Salis/Isabel Crossley St Brides Media Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange END ACQBLGDLBXDGGXG
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