Issue of Equity
February 19 2008 - 8:02AM
UK Regulatory
RNS Number:3066O
Tangent Communications PLC
19 February 2008
19 February 2008
Tangent Communications plc ("Tangent")
Issue of Equity
Tangent has today made application for a total of 4,175,000 ordinary shares of
1p each ("New Shares") to be admitted to trading on AIM as part of the deferred
consideration for its acquisition of marketing technology company C360 UK Ltd
("C360"), which it acquired on 11 July 2006.
Admission of the New Shares to trading on AIM is expected to become effective at
8.00 am on 25 February 2008.
Nicholas Green, CEO of Tangent, said "technology continues to play a significant
role in the growth of Tangent. New services and products remain at the heart of
our strategy and I would like to thank the team for all their work in delivering
a successful first full year and the already excellent start to the second".
Further enquiries:
Graeme Harris (Finance Director) 020 7553 6600
Collins Stewart (Nominated Adviser)
Seema Paterson, Stewart Wallace 020 7523 8350
About the Company:
Tangent Communications creates online and offline marketing systems to deliver
customised data-driven marketing material for companies including SAP, Lane Fox,
Greene King and Gala Coral Group. The Company employs 160 people across three
locations, London, Newcastle and Cheltenham and is admitted to trading on AIM
(AIM : TNG)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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