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Coms Plc announces acquisition of certain subsidiaries of Actimax Acquisitions Limited and placing of 138,333,333 new ordinary shares

Friday, 7 Feb 2014 11:37am EST 

Coms Plc:Says it has agreed to acquire certain subsidiaries of Actimax Acquisitions Limited for an initial consideration of 2.4 million pounds payable in cash.Says Charles Stanley Securities has placed, on the company's behalf, 138,333,333 new ordinary shares at 6 pence per share, with certain institutional and other investors to raise 8.3 million pounds.Says the Placing was considerably oversubscribed.Actimax, trading as Cloudxl, is based in Basildon and is a managed network, unified communications and data services provider. 

Company Quote

1 Sep 2015