Investment
July 04 2008 - 4:20AM
UK Regulatory
EVOLVE CAPITAL PLC
INVESTMENT
Evolve Capital plc ("Evolve"), an investment company which raised �4 million
and joined AIM in December 2007 with the objective of investing in PLUS-quoted
companies or in private companies intending to seek a quotation on the
PLUS-quoted market, is pleased to announce that it has made an investment of �
500,000 in Pulse Group plc (Ticker: PGRP), which commenced trading on the
PLUS-quoted market on 27 June 2008.
Pulse Group plc is a holding company whose wholly owned subsidiary, Pulse BPO
Sdn. Bhd. (together, the "Pulse Group"), is a leading provider of research
process outsourced ("RPO") services within the Asia-Pacific region
predominantly to market research and media companies, based anywhere around the
world, wishing to conduct research within the region. It also provides its
services to RPO companies based in other parts of the world who have a need to
conduct research within the Asia-Pacific region. The Pulse Group is not itself
a market research company and rarely has contact with the end user of the
research material that it generates.
The Directors of Pulse Group believe that it has already established a leading
position in a fast growing market sector within a rapidly developing region.
Contact:
Evolve Capital plc 020 7937 4445
Edward Vandyk, Director
Dowgate Capital Advisers Limited 020 7492 4777
James Caithie
END
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