Stmnt re Share Price Movement
29 Janvier 2010 - 5:20PM
UK Regulatory
TIDMNSV
RNS Number : 3871G
NetServices PLC
29 January 2010
29 January 2010
NetServices PLC
("NetServices" or the "Company")
Statement re share price movement
NetServices notes the recent share price movement and confirms that it has
received preliminary expressions of interest to acquire its managed services
business, including its shareholding in WAN Services Limited, which represents
all, or substantially all, of the Company's business and assets.
If any of these expressions of interest were to proceed to contract, it would
require the publication by the Company of a shareholder circular containing
details of the proposed disposal and that upon completion of the disposal the
Company would become an investing company pursuant to the AIM Rules for
Companies. The approval of the Company's shareholders in general meeting would
be required for both the proposed disposal and the adoption of the Company's
investing policy.
There is however, no guarantee that these expressions of interest will lead to a
transaction. The Company will make a further announcement in due course.
For further information, please contact:
+-------------------------------------+-------------------------------------+
| NetServices PLC | Tel No: 0870 753 0900 |
+-------------------------------------+-------------------------------------+
| Mark Vickers, Chief Executive | |
+-------------------------------------+-------------------------------------+
| Ian Winn, Finance Director | |
+-------------------------------------+-------------------------------------+
| | |
+-------------------------------------+-------------------------------------+
| MC2 (Manchester) Limited | Tel No: 01565 872 478 |
+-------------------------------------+-------------------------------------+
| Melanie Miotte | |
+-------------------------------------+-------------------------------------+
| | |
+-------------------------------------+-------------------------------------+
| Arbuthnot Securities Limited | Tel No: 020 7012 2000 |
+-------------------------------------+-------------------------------------+
| Tom Griffiths/ Alasdair Younie | |
+-------------------------------------+-------------------------------------+
| | |
+-------------------------------------+-------------------------------------+
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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