Network Technology - Acquisition
October 05 1998 - 12:45PM
UK Regulatory
RNS No 9271h
NETWORK TECHNOLOGY PLC
5th October 1998
Network Technology Plc
Network Technology Plc has agreed arrangements to acquire the ordinary share
capital of two companies as follows:-
1) The whole of the share capital of Ringdale Inc, incorporated in
Texas, USA for approximately $109,000 (#66,000), satisfied by the issue of
134,372 ordinary shares of 10p each.
2) The remaining share capital of Ringdale GmbH that it does not own,
incorporated in Germany, for approximately $135,000 (#82,000), satisfied by
the issue of 167,422 ordinary shares of 10p each.
END
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