Potential Acquisition
April 07 2006 - 3:02AM
UK Regulatory
RNS Number:1735B
Inspicio plc
07 April 2006
7 April 2006
Inspicio plc ("the Company")
Potential acquisition
Inspicio plc (INP.L), the UK and international inspection and testing business,
is currently in discussions which may or may not lead to the acquisition of
Environmental Services Group Limited (the "Business"). If the transaction
proceeds, it is expected that the Company will conduct a small placing at market
price within its current shareholder authorities of approximately #4.5 million
in order to satisfy part of the consideration.
The Business commenced Transfer of Undertakings (Protection of Employment)
(TUPE) discussions with its employees today. A further announcement will be
made in due course.
Ends
For further information:
Jonathon Brill / Billy Clegg / Edward Westropp 020 7831 3113
Financial Dynamics
This information is provided by RNS
The company news service from the London Stock Exchange
END
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