Additional Listing
April 29 2004 - 12:14PM
UK Regulatory
RNS Number:1638Y
EQ Group PLC
29 April 2004
eq group plc
Additional Listing
eq group plc ("eq group"), the marketing services group, announces that further
consideration has been paid to the former owners of Quaestor Research &
Marketing Strategists Limited ("Quaestor"). The further consideration is payable
as a result of Quaestor's performance against operating profit targets for the
12 month period to 31 December 2003 agreed between eq group and Quaestor on 18
December 2002, the date eq group acquired Quaestor. The further consideration
comprises 271,650 fully paid up ordinary shares of 10p each in eq group (the
"Further Consideration Shares") and #250,000 in cash.
Application has been made for the Further Consideration Shares to be admitted to
trading on AIM and dealings in such shares are expected to commence on 6 May
2004.
Commenting, Bob Bond, Chief Executive of eq group, said:
"I am delighted with Quaestor's performance in the year to 31 December 2003.
Quaestor has integrated into the group well and has begun the year in a
similarly positive vein."
For further information, please contact:
eq group plc
Bob Bond, Chief Executive
Telephone: 01422 301917
This information is provided by RNS
The company news service from the London Stock Exchange
END
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