EGM Statement
July 23 2003 - 7:27AM
UK Regulatory
RNS Number:8664N
Xpertise Group PLC
23 July 2003
FOR IMMEDIATE RELEASE 23 JULY 2003
Xpertise Group PLC
("Xpertise" or the "Company" )
EGM APPROVES #1.49 MILLION FUNDRAISING
At the Extraordinary General Meeting of the Company held in London today, the
resolutions to enable the Company to issue 172,000,000 new Ordinary Shares at a
placing price of 0.75p per share to raise #1,290,000 before expenses, the issue
of Loan Notes to raise #200,000 and the settlement of the Lynx Loan by the issue
of 20,000,000 new Ordinary Shares to Lynx were approved on the terms and
conditions described in the circular to shareholders dated 30 June 2002.
Bob Bradley, the Chief Executive, commenting after the Extraordinary General
Meeting, said:
"We are extremely pleased that our existing shareholders and some new
shareholders have supported this fundraising."
For further information:
Robert Bradley (Chief Executive) 0161 929 2200
Ian Johnson (Finance Director) 0161 929 2200
Brian Coleman-Smith / Amanda Sheehy 020 7398 3300
Beattie Financial
About Xpertise
The Xpertise Group PLC is listed on the Alternative Investments Market (AIM) of
the London Stock Exchange.
The Group operates from training centres in London, Manchester, Leeds,
Newcastle, the Thames Valley and the Midlands providing approximately 500
delegate places in 50 classrooms.
Xpertise - Microsoft's Western European Training Partner of the Year 2002 and a
Microsoft Gold Certified Partner for Learning Solutions - is one of the UK's
leading providers of IT training and skills services. Xpertise is a leading
provider of public-scheduled IT training, company-specific training and skills
development programmes nationwide. Xpertise provides training courses and
programmes for IT professionals and developers, including A+ and Network+, C++,
Checkpoint, Cisco, Citrix, Help Desk, Java, Linux/Unix, IBM, Lotus, Microsoft,
Novell, OO, Oracle, project management and PRINCE2. Xpertise is an Institute of
IT Training accredited training provider.
This information is provided by RNS
The company news service from the London Stock Exchange
END
EGMUOUAROVRBUAR