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SGD Sectorguard

1.50
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sectorguard LSE:SGD London Ordinary Share GB0031427940 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Completed Acquisition

25/03/2008 1:11pm

UK Regulatory


RNS Number:7078Q
SectorGuard PLC
25 March 2008


     SectorGuard Plc / Ticker: SGD / Index: AIM / Sector: Support Services

25 March 2008

                SectorGuard Plc ('SectorGuard' or 'the Company')

               Completed Acquisition of ManGuard Plc ('ManGuard')


SectorGuard plc, the AIM listed total security solutions group, has, further to
the announcement on 14 March 2008, completed the acquisition of ManGuard for an
initial consideration to be satisfied by the issue of 40 million new ordinary
shares of 0.5p each ("Ordinary Shares") and £3.5 million in cash. The
acquisition is part of the Company's strategy to acquire companies in the manned
guarding arena and increase its position as a leading provider of total security
solutions.


Additionally, as previously announced, Mark Higgins, the vendor of ManGuard, has
been appointed to the Board as an executive director.


Application has been made for the admission of the 40 million New Ordinary
Shares to trading on the AIM market. The New Ordinary Shares will rank pari
passu with the existing Ordinary Shares and dealings in the new Ordinary Shares
are expected to commence on 28 March 2008. Following the admission of the new
Ordinary Shares, the Company's issued share capital will consists of 355,850,848
ordinary shares with voting rights.


                                  * * ENDS * *


For further information visit www.sectorguard.plc.uk or contact:

David Marks           SectorGuard Plc                         Tel: 07836 571339

Isabel Crossley       St Brides Media & Finance Ltd           Tel: 020 7236 1177

Jonathan Wright       Seymour Pierce Limited                  Tel: 020 7107 8000


Notes

SectorGuard, founded in 1998, supplies total security solutions across the UK.
It has four key divisions: fire & security systems, response services, retail
security tagging and security personnel servicing a broad range of public and
private sector clients.






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

END
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