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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 |
RNS Number:3216U Northgate Information Solutions PLC 16 January 2004 FOR IMMEDIATE RELEASE 16 January 2004 (Not for release, publication or distribution in or into Australia, Canada, Japan or the United States) NORTHGATE INFORMATION SOLUTIONS PLC REGULATORY APPROVAL RECEIVED The Board of Northgate Information Solutions plc ("Northgate" or the "Company") welcomes the announcement this morning by the Office of Fair Trading (the "OFT") that it has decided not to refer the acquisition of the Rebus HR Group, or any part of it, to the Competition Commission. As a result, the competition condition of the acquisition has been satisfied. A further announcement will be made shortly once legal completion of the acquisition has occurred. Chris Stone, chief executive of Northgate, said: "We are delighted with the OFT's announcement today. The acquisition of Rebus HR will transform Northgate into one of the leading suppliers of software applications and outsourcing solutions in the HR market. The outlook for the enlarged group is very exciting." Definitions used in this announcement shall have the meanings given to them in the announcement dated 17 December 2003, except where context requires otherwise. 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: About Northgate Information Solutions (www.northgate-is.com) Northgate Information Solutions is a leading supplier of software applications and outsourcing solutions to the public sector, human resources and corporate markets. Headquartered in Hemel Hempstead, Northgate employs over 1,300 staff and has approximately 1,800 customers across the UK and Ireland. Northgate works closely with many corporate organisations, as well as approximately 30% of the UK's local authorities, and all of its police forces. Northgate's focus is on fully understanding application-specific processes, enabling organisations to increase their business process efficiency. Equally, Northgate manages customers' key systems, providing a broad range of outsourced solutions - available at client sites or hosted at its own secure data centre. 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 REAGUUGUGUPCGPQ
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