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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Customvis | LSE:CUS | London | Ordinary Share | GB0033220350 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.93 | 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 : 6661O
CustomVis plc
01 July 2010
1July 2010
CUSTOMVIS PLC
("CustomVis" or the "Company" or the "Group")
Acquisition of business and assets of CLVR Pty Limited (in liquidation)
Further to the announcement made on 29 June 2010, the Company announces that it
has acquired the assets, including certain intellectual property assets, from
the liquidator of CLVR Pty Limited ("CLVR"), the Company's wholly-owned
subsidiary, for a cash consideration of AUD$245,850. This acquisition was funded
by the loan obtained from Hawk Investments Limited on 29 June 2010.
As a result, the Company now owns substantially all of the assets it owned
prior to the appointment of administrators to CLVR on 22 April 2010.
The new Board intends to now relaunch the Company's products and re-engage with
its customers. Dealings in the Company's shares were suspended on 19 April 2010
and will continue to remain suspended. A further announcement will be made in
due course.
-ends-
ENQUIRIES:
+---------------------------------+---------------------------------+
| CustomVis plc | |
| John O'Hara, CEO | +64 9 444 7599 |
+---------------------------------+---------------------------------+
| | |
+---------------------------------+---------------------------------+
| Merchant John East Securities | |
| Limited | 020 7628 2200 |
| David Worlidge | |
+---------------------------------+---------------------------------+
| | |
+---------------------------------+---------------------------------+
| Leander PR | |
| Christian Taylor-Wilkinson | 07795 168 157 |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQLLFISDDILIII
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