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EVT Eurovestech

6.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eurovestech LSE:EVT London Ordinary Share GB0002292810 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% 6.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Further Re: Proposed Acquisition

01/06/2011 3:29pm

RNS Non-Regulatory


TIDMEVT

Eurovestech PLC

01 June 2011

1 June 2011

Eurovestech plc ("Eurovestech" or "the Company")

Further Re: Acquisition of Market Planning Solutions Inc by KSS Ltd

Eurovestech is pleased to announce that KSS Ltd ("KSS Fuels"), its subsidiary company and world leader in fuels pricing software, analytics and consulting, has completed its previously announced acquisition of Market Planning Solutions Inc. ("MPSI"), an industry leading network planning services, data collection and analytics company, following MPSI shareholder approval.

Eurovestech's Chief Executive, Richard Bernstein, said: "Following this acquisition, KSS Fuels is now positioned as a world leader in each of its core disciplines, with more than 500 customers in 80 countries. We expect the acquisition to be earnings enhancing for KSS Fuels in the coming fiscal year to June 2012."

Further Enquiries:

Eurovestech plc

Richard Bernstein (Chief Executive Officer) 020 7491 0770

This information is provided by RNS

The company news service from the London Stock Exchange

END

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