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NIS Northgte.Inf.

95.25
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Northgte.Inf. LSE:NIS London Ordinary Share GB0005583728 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 95.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Acquisition of Rebus HR Group

23/01/2004 4:06pm

UK Regulatory


RNS Number:5977U
Northgate Information Solutions PLC
23 January 2004


FOR IMMEDIATE RELEASE

                                                                23 January 2004

(Not for release, publication or distribution in or into Australia, Canada,
Japan or the United States)

                      NORTHGATE INFORMATION SOLUTIONS PLC
                  COMPLETION OF ACQUISITION OF REBUS HR GROUP

Further to the announcement dated 20 January 2004, Northgate Information
Solutions plc ("Northgate" or the "Company") is pleased to announce the
successful completion of the acquisition of the Rebus HR Group. The
consideration shares and placing shares issued in connection with the
acquisition have been admitted to listing on the Official List of the UK Listing
Authority and were admitted to trading on the London Stock Exchange's main
market for listed securities today. Dealings in these shares have now commenced.

Chris Stone, chief executive of Northgate, said:

"We are very pleased that the acquisition of Rebus HR has been completed so
quickly. The newly enlarged group is now one of the leading suppliers of
software applications and outsourcing solutions in the HR market. We are looking
forward to the new opportunities this acquisition brings for the Northgate
Group."

Enquiries:

Northgate                                                01442 232424
Oliver Walker / John Stier

Rothschild                                               020 7280 5000
Dominic Hollamby / Matthew Metcalfe

Hoare Govett Limited                                     020 7678 8000
Andrew Chapman / Andrew Foster

Brunswick Group                                          020 7404 5959
Tom Buchanan / Sarah Tovey

Notes to Editors:

Northgate Information Solutions plc is listed on the London Stock Exchange. For
further information visit the Northgate Information Solutions Portal at http://
www.northgate-is.com/.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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