Cedar Group PLC - Additional Listing
March 10 1999 - 11:44AM
UK Regulatory
RNS No 8971d
CEDAR GROUP PLC
10th March 1999
Cedar Group plc, the software and services company,
announces that, by mutual consent, it has agreed with
the vendors of Qualtech Limited ("Qualtech") that
#350,000 of the loan notes issued in consideration
for the acquisition of Qualtech shall be repaid by
the placing with the vendors of 350,000 new ordinary
shares of 5p each ("Shares") at #1 per Share.
An application for listing has been made to the
London Stock Exchange and dealings are expected to
commence on 12 March 1999.
Qualtech is a consultancy and services company
specialising in the measurement and compliance
analysis of call centres. As such it is an important
component of the Cedar Groups focus on Enterprise
Relationship Management enabling its customers to be
better able to interact with, care and manage their
customers.
For further information please contact:
Michael Harrison
Managing Director
Mike Hosie
Group Finance Director
Cedar Group Plc
Tel: 01932 584 000
END
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