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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cantono | LSE:CTNO | London | Ordinary Share | GB00B236KQ44 | 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% | 0.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 8874O
XploiTe PLC
16 March 2009
16 March 2009
Xploite plc
Re: acquisition of the assets of Blue River Systems
Xploite plc ("Xploite", "the Group", AIM: XPT), the operator and aggregator of
strategic and high growth IT services businesses, announces that issues of
dispute have arisen with regard to the sale and purchase agreement between its
wholly owned subsidiary VBHG Limited ("VBHG") and Cantono plc ("Cantono")
arising from VBHG's acquisition, announced on 27 November 2008, of the managed
services business from Cantono's group. The dispute has arisen over the amount
of the deferred consideration that was due to be paid to Cantono on 15 March
2009.
The Board does not expect this dispute to have any impact on the Group's current
expectations for the year.
Enquiries:
KBC Peel Hunt Ltd
0207 418 8900
Oliver Scott/Nicholas Marren
College Hill
020 7457 2020
Adrian Duffield/Jon Davies
This information is provided by RNS
The company news service from the London Stock Exchange
END
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