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GTC Getech Group Plc

8.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Getech Group Plc LSE:GTC London Ordinary Share GB00B0HZVP95 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.50 8.00 9.00 8.50 8.50 8.50 30,431 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 5.07M -2.83M -0.0419 -2.03 5.74M

GETECH Group plc New Significant Institutional Investor (1136T)

02/07/2018 7:01am

UK Regulatory


Getech (LSE:GTC)
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From Mar 2019 to Mar 2024

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TIDMGTC

RNS Number : 1136T

GETECH Group plc

02 July 2018

Getech Group plc

("the Getech Group" or the "Company")

BGF joins IP Group as a significant institutional investor in Getech

We note the TR 1 announcements issued by BGF and IP Group. These detail that following a significant acquisition of shares, BGF now has a notifiable equity interest in the Getech Group - holding 10.13% of our issued share capital. Following a sale of shares, IP Group now holds 11.0% of Getech's issued share capital.

Jonathan Copus, CEO of the Getech Group commented:

"We are pleased to welcome BGF as a significant shareholder in Getech. Focused on small and medium sized growth businesses, BGF positions its investments to provide equity capital to help management teams in the execution of their strategic plans.

With BGF and IP Group now both significant investors in Getech, we consider their support to further strengthen our position as we work to deliver the next phase of Getech's growth - our strategy being to use our geoscience and geospatial skills to target high-margin repeat-revenue opportunities, through the organic and acquisitional expansion of our portfolio of essential software, data, and information products."

For further information:

Getech Group plc Tel: 0113 322 2200

Jonathan Copus, Chief Executive Officer

WH Ireland Limited Tel: 0161 832 2174

Katy Mitchell

Notes to Editors:

The Getech Group provides the expertise, support and knowledge that companies and governments need to better discover, develop and manage natural resources. Our data-rich products, geospatial solutions and government advisory services help our customers to achieve their business goals of risk-management, cost control, operational excellence, regulatory compliance and environmental responsibility.

For more information, please visit our website at www.getech.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

RSPXKLFLVQFXBBE

(END) Dow Jones Newswires

July 02, 2018 02:01 ET (06:01 GMT)

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