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ALM Allied Minds Plc

13.85
0.00 (0.00%)
28 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Allied Minds Plc LSE:ALM London Ordinary Share GB00BLRLH124 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.85 10.05 12.65 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Disposal

02/10/2003 5:01pm

UK Regulatory


RNS Number:4775Q
Alphameric PLC
02 October 2003


                                                                  2 October 2003


                                 Alphameric plc
                         ("Alphameric" or the "Group")

                        Disposal of Logistics Operation

Alphameric, the information technology solutions provider, is pleased to
announce the disposal of its logistics operation to LIS Online Limited for a
total cash consideration of #300,000.

As shareholders are aware, the Group has for some time been seeking a suitable
path forward for this operation in the light of the consolidation and tightening
of the third party logistics market. For the year to November 2002 the logistics
operation incurred operating losses of #782,000, before goodwill amortisation.

Alan Morcombe, Chief Executive of Alphameric plc commented:
"The sale of this non-core business secures its future and removes any
distraction from the focus on our core businesses, where we are committed to
growing high quality revenues from a strong customer base."

                                    - Ends -

Alphameric plc
Alan Morcombe, Chief Executive
Martin Randall, Finance Director                                   01483 293971

Weber Shandwick Square Mile
Nick Oborne / Susanne Walker                                      020 7067 0700




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

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