CMG Croma Grp

RNS Number:7383Y
Croma Group PLC
22 February 2006


                                                                22 FEBRUARY 2006

                                CROMA GROUP PLC
                           ("CROMA" OR "THE COMPANY")

                              INCREASE IN HOLDINGS

                                      AND

                         INSTITUTIONAL FOLLOWING UPDATE

Croma Group plc, the specialist in the design, development and production of
overt and covert surveillance and defence related products updates the Market
today, following the recent acquisitions of Vigilant Security (Scotland) Limited
and Photobase Limited, and the related Placing, with news pertaining to new
institutional interest, as well as increased holdings by existing institutional
shareholders .

Framlington and Noble Fund Managers have today advised the Company that their
holdings have increased to 11,956,522 ordinary shares, representing 10.30% of
the issued share capital, and 10,478,261 ordinary shares representing 7.40% of
the issued share capital, respectively.

The Company also announces that two new institutional investors took part at the
time of the Placing; Artemis Investment Management Limited holding a notifiable
interest of 5,000,000 shares, representing 3.73% of the issued share capital of
the Company, and Calculus Capital and the Neptune-Calculus Income and Growth
VCT.

Following the recent acquisitions, Vigilant Security (Scotland) Limited and
Photobase Limited will be renamed Croma Vigilant Limited, and Croma Photobase
Limited, respectively.

John French, Chairman and Chief Executive of Croma said: "We are delighted with
the support that we have had from all our shareholders and welcome those new to
Croma. The support we have received plus the acquisitions recently completed
gives us a stronger platform for the future development of the Group in its
stated aim to consolidate the sector through a combination of core growth and
consolidation by tactical acquisition."

                                    --ENDS--

Enquiries:

Croma Group plc
John French, Chairman & Chief Executive                    Mobile: 07836 722 482
    
Bishopsgate Communications Ltd.                               Tel: 020 7430 1600
Dominic Barretto                                           Mobile: 07930 450 156
Fran Read                                                  Mobile: 07952 356 889

Notes to Editors:

Listed on the AIM market of The London Stock Exchange, Croma Group plc, the 
specialists in the design, development, production and marketing of overt and 
covert surveillance and defence related products, comprises of three divisions; 
namely Croma Defence Systems Ltd, Shawley (a division of Croma Defence) and R&D
Design Services Ltd.

On 3 February 2006, Croma acquired Vigilant Security (Scotland) Limited, a
specialist company dealing with asset protection in the industrial, commercial
and public utilities market.  On 13 February 2006, Croma acquired Photobase
Limited, a UK-based business which designs, installs, services and maintains
biometric identification and access-control solutions to meet the physical
security needs for a wide range of locations, budgets, security policies and
organization types.

These acquisitions will enable the Group to provide a more rounded security
solution, and develop a totally integrated range of products and services to
deal with the various aspects of the surveillance, security and defence related
sector.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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