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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Intechnology | LSE:ITO | London | Ordinary Share | GB0001388932 | 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% | 24.00 | 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:7855Z
InTechnology PLC
14 March 2006
14 March 2006
InTechnology plc
Exclusive arrangement to dispose of its continental European security business
The Board of InTechnology plc ('InTechnology') announces that it has today
entered into an exclusive arrangement to dispose of its continental European
security business to Magirus AG, a value added IT distributor based in Germany.
This announcement follows several months of negotiation, during which
InTechnology has received a number of unsolicited approaches for its European
security business. The sale is expected to include all of InTechnology's
operations in France, the Netherlands, Germany, Switzerland, Spain and Italy and
will have no impact on any of its UK business.
It is expected that this arrangement will result in a completed disposal during
April 2006 and the Board expects to make a further announcement at that stage.
For further information:
InTechnology plc
Peter Wilkinson / Andrew Kaberry 01423 877 443 / 01423 877 442
Magirus AG +49 711 72216 111
Fabian von Kuenheim
Financial Dynamics 020 7831 3113
James Melville-Ross / Hannah Sloane
This information is provided by RNS
The company news service from the London Stock Exchange
END
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