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UBI Ubisense

67.50
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ubisense LSE:UBI London Ordinary Share GB00B3NCXX73 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 67.50 65.00 70.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ubisense Group PLC Statement re sale of division (8018L)

31/12/2018 10:09am

UK Regulatory


Ubisense (LSE:UBI)
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From Apr 2019 to Apr 2024

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TIDMUBI

RNS Number : 8018L

Ubisense Group PLC

31 December 2018

31 December 2018

Ubisense Group plc

(the "Company" or the "Group")

Completion of Sale of RTLS SmartSpace

Ubisense Group plc (AIM: UBI) is pleased to announce that it has completed the sale of the RTLS SmartSpace business (the "Sale") that was announced on 21 November 2018.

From 3 January 2019, it is expected that the shares of the Company will trade under the new name IQGeo Group Plc and the ticker (TIDM) "IQG". The successful sale enables the Company to be a focused and well-funded geospatial software company working globally with telecoms and utilities companies in markets that are expected to increase significantly over the next five years.

For further information contact:

Ubisense Group plc +44 (0) 1223 535170

Richard Petti

Tim Gingell

finnCap Ltd +44 (0) 20 7220 0500

Henrik Persson, Anthony Adams (Corporate Finance)

Tim Redfern, Richard Chambers (Corporate Broking)

Tulchan Communications LLP +44 (0) 20 7353 4200

James Macey White, Matt Low, Deborah Roney

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

STRGMMFZGMVGRZM

(END) Dow Jones Newswires

December 31, 2018 05:09 ET (10:09 GMT)

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