Holding(s) in Company
August 27 2009 - 2:00AM
UK Regulatory
TIDMNXS
27 August 2009
NEXUS MANAGEMENT PLC
('Nexus' or 'the Company')
Holdings in Company
Further to the Issue of Equity announcement made on 25 August 2009, the Company
confirms that it has received notification from the SF t1ps Fund that following
Admission of the 40,000,000 new ordinary shares to be issued to it as part of
the placing ("the Placing Shares") the Fund will hold 90,143,373 ordinary
shares in the capital of Nexus, equivalent to 9.2 per cent. of the then issued
voting share capital. Admission of the Placing Shares is expected to be on 28
August 2009.
In addition, following Admission, the SF t1ps Fund will also hold options over
a further 20,000,000 shares at 1p per share exercisable at any time before 25
February 2011.
Enquiries:
Nexus Management Plc
Roger Richardson, Chief Executive Tel: 01862 812 107
John East & Partners Limited, a subsidiary of Merchant Securities Plc (Nomad)
Simon Clements/David Worlidge Tel: 020 7628 2200
Rivington Street Corporate Finance (Broker)
Dru Edmonstone/Monisha Varadan Tel: 020 7562 3351
Bishopsgate Communications Ltd
Robyn Samuelson/Siobhra Murphy Tel: 020 7562 3350
nexus@bishopsgatecommunications.com
Notes to Editors
About Nexus Management plc
Nexus Management (www.nexusmgmt.com) is an IT Managed Services
Provider specializing in reducing the cost and complexity of IT for companies.
Nexus has two key markets: Europe and the US, where it can offer customers 24
hour support. Nexus provides Remote Server Management, Wide Area Network
Management and Monitoring, Disaster Recovery, Data Storage, Help-Desk, Desktop
Support, and through its new subsidiary Resilience Technology Corporation (
www.resilience.com), bullet-proof network security.
Nexus is quoted on AIM, a market of the London Stock Exchange. For further
information on the Company, please visit www.nexusmgmt.com
About Nerd Force®
Nerd Force® (www.nerdforce.com) is a fast growing mobile computer and
technology support franchise, which services individuals and businesses, both
on site and remotely with branded IT managed services. Originally started in
New York, Nerd Force® is spreading across the United States and Europe and has
the ambition to expand the brand throughout the rest of the world. Its parent,
Nexus Management plc, a specialist Managed Serviced Provider, is listed on the
London stock exchange. The Company is now looking for highly driven, motivated
and passionate individuals to build a great future with it.
About Resilience
Since 1995, Resilience (www.resilience.com) has delivered network security
appliances with the most advanced operating system. RES/OS boasts such features
as open systems flexibility and life cycle management innovations for
mission-critical applications. Resilience's high performance solutions are
designed for network environments where availability is essential and security
must not be compromised.
END
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