Transaction in Own Shares
09 Avril 2008 - 4:04PM
UK Regulatory
RNS Number:9923R
Optimisa PLC
09 April 2008
For immediate release 9 April 2008
Optimisa plc
("Optimisa" or the "Company")
Transaction in own shares
The Company announces that it has settled a further �41,000 in deferred
consideration due to the vendors of Andrew Irving Associates ("AIA") in respect
of the performance of AIA for the 2007 financial year. In October 2006, the
Company announced the acquisition of AIA for a maximum consideration of �317,000
of which �130,000 was dependent upon future performance criteria.
The Company has chosen to settle this deferred consideration via the transfer of
23,490 ordinary shares held in treasury to the vendors of AIA and a payment of
�3,416 in cash.
On 8 February 2008 the Company announced that it held 27,500 ordinary shares in
treasury. Following the transfer of 23,490 ordinary shares from treasury to the
vendors of AIA on 8 April 2008 the Company holds a total of 4,010 ordinary
shares in treasury. The number of ordinary shares excluding treasury shares in
issue is therefore 8,906,080.
The ordinary shares referred to above are the ordinary shares of 25 pence each
in the Company.
Enquiries:
Optimisa plc +44 20 7960 3300
Ron Littleboy, Chairman
Noble & Company Limited +44 20 7763 2200
Nick Naylor
Brian Stockbridge
This information is provided by RNS
The company news service from the London Stock Exchange
END
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