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ADW Addworth

0.375
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Addworth LSE:ADW London Ordinary Share GB00B05KLT09 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.375 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Increase of holding in ISD

19/06/2007 1:00pm

UK Regulatory


RNS Number:6165Y
Addworth PLC
19 June 2007



Addworth Plc
19 June 2007


        Addworth declares a 6.96% stake in Innovative Software Direct plc

Following a purchase of 100,000 shares @ 40p per share on Monday 11 June,
Addworth Plc has increased its holding in Innovative Software Direct Plc to
680,000 shares, representing 6.96% of that company's equity.


For further information

Addworth Plc                                             020 7638 8750
Mark Watson-Mitchell, Executive Chairman                 www.addworth.co.uk


Notes to Editors

Addworth (AIM: ADW), which gained admission to AIM on 3rd February 2005, was
formed primarily to act as an 'active capital investor'. The focus is upon the
growth of capital value and the generation of fee income from: establishing and
funding newly quoted sector focused companies; acquiring and developing
companies with growth potential; and taking minority equity positions in
undervalued smaller listed companies.

Innovative Software Direct Plc (PLUS: ISDP) seeks to act as a distributor and
promoter of innovative business to business software by acting as a broker
between the end user, the producer, the distributor and the software supporter.
This ensures a relatively risk free revenue stream based upon licence fees and
support and maintenance fees. Innovative Software Direct is working with
Northamber plc which is the largest UK independent distributor of software and
hardware as a major route to market for the software products that Innovative
Software Direct promotes.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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