OFT clears LalPac Acquisition (3063F)
April 20 2011 - 12:01PM
UK Regulatory
TIDMIDOX
RNS Number : 3063F
IDOX PLC
20 April 2011
20 April 2011
IDOX plc
OFT clears completion of LalPac acquisition
IDOX plc (AIM: IDOX, 'IDOX' or the 'Company'), a leading
independent supplier of software and services to the UK public
sector and other markets, is pleased to note that the Office of
Fair Trading ('OFT') will not refer the proposed acquisition of
LalPac Ltd ('LalPac'), announced by the Company on 9 February 2011
(the 'Acquisition'), to the Competition Commission.
The OFT said on 20 April 2011 that it will not refer the
Acquisition to the Competition Commission under the provisions of
the Enterprise Act 2002.
Completion of the Acquisition is therefore expected to take
place in May 2011, subject to the conclusion of certain legal
formalities.
Enquiries:
IDOX plc +44 (0) 20 7332 6000
Martin Brooks, Chairman
Richard Kellett-Clarke, Chief Executive
William Edmondson, Chief Financial
Officer
Investec Investment Banking +44 (0) 20 7597 5000
Andrew Pinder
Patrick Robb
Cara Griffiths
FinnCap +44 (0) 20 7600 1658
Charles Cunningham (Corporate Finance)
Stephen Norcross (Corporate Broking)
College Hill +44 (0) 20 7457 2020
Adrian Duffield / Kay Larsen
About IDOX plc
IDOX plc is a supplier of software solutions and services to the
UK public sector and increasingly to the wider corporate sector. It
is the leading applications provider to local government for core
functions relating to land, people and property, such as its market
leading planning systems and election management software. Over 90%
of UK local authorities are now customers.
The Group provides public sector organisations with tools to
manage information and knowledge, documents and content, business
processes and workflow as well as connecting directly with the
citizen via the web.
These capabilities have been recently extended via the
acquisition ofMcLaren Software into the related area of engineering
document management and control applications, serving many leading
international companies in industries such as oil & gas,
mining, utilities, pharmaceuticals and transportation.
IDOX also supplies decision support content and additional
specialist services via the IDOX Information Solutions business, as
well as transforming approaches to knowledge and content management
via consultancy and training in the UK and internationally.
In addition, it provides these specialist skills to customers
through its TFPL branded recruitment division.
For more information see www.idoxplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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