SDL PLC - Acquisition
March 09 2000 - 6:30AM
UK Regulatory
RNS Number:9840G
SDL PLC
9 March 2000
SDL plc ("SDL")
Acquisition of Aslan Localisation Services Limited ("Aslan")
SDL announces that it has today acquired the entire issued share capital of
Aslan for a total consideration of IR# 275,000 which is to be satisfied with a
cash payment of IR#137,500 and the issue of 16,946 ordinary shares of 1p each
("Consideration Shares").
Based in Dublin, Ireland, Aslan provides in-house testing and onsite
engineering services to the software localisation market, including companies
such as FileNet, Corel and Sun Microsystems.
Application has been made for the Consideration Shares to be admitted to the
Official List of the London Stock Exchange and dealings are expected to
commence on Thursday 16 March 2000.
Mark Lancaster CEO, SDL said
"Our testing services will provide our customers with both outsource
laboratory and onsite solution for Quality Assurance testing and engineering.
In addition, our range of services and personnel skillsets will allow
customers to choose the solution that best meets their needs; by selecting
either experienced onsite Quality Assurance testers and engineers or selecting
to utilise the extensive in-house test bed facilities."
Enquiries:
Mark Lancaster SDL plc Tel: 01628 410 100
Rachel Fisher
Bobby Morse/Paul Downes Merlin Financial Tel: 0171 606 1244
END
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