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Bond International Software Loss Widens In 2015 As Disposals Continue

Tue, 28th Jun 2016 11:17

LONDON (Alliance News) - Bond International Software PLC on Tuesday reported a widened pretax loss for 2015 as it began undertaking its programme of disposals.

In March 2015, the company undertook a strategic review of its options, and determined the best way to delivery a return to shareholders was through a programme of divestment.

The staffing software and services company reported a pretax loss of GBP2.0 million for 2015, widened from a pretax loss of GBP1.6 million in 2014.

It completed its first sale in April 2016, selling Strictly Education Ltd for GBP11.3 million.

Earlier this month Constellation Software Inc said it was considering making an offer for all of Bond International at 105 pence per share, and following this, Bond said it was in advanced discussions in respect to further sales, and expects to make further announcements in the coming weeks.

Shares in Bond International Software were down 4.1% at 93.04 pence.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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CORRECT: UK WINNERS & LOSERS: Kingfisher Leads FTSE 100 Fallers

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29 May 2014 11:25

Bond International Software secures three-year contract worth $1.6m

Software provider Bond International announced it has secured a three-year contract with a global recruitment company for the deployment of its Bond Adapt solution. The contract, which will become effective immediately, was won through the group's local Australian office and will be used in New Zea

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29 May 2014 11:18

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29 May 2014 11:09

UK WINNERS & LOSERS: Kingfisher Leads FTSE 100 Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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Smith & Nephew, up 4.1%. Shares in the medical technology company have r

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29 May 2014 06:54

Bond International Software Wins AUD1.6 Million Asia Contract

LONDON (Alliance News) - Bond International Software PLC Thursday said it had won a AUD1.6 million, three-year deal from an unnamed recruitment company for its Bond Adapt software product. In a statement, the provider of recruitment and human resources software said it won the deal through

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9 Apr 2014 11:17

Bond International Software buys payroll specialist

Staffing software specialist Bond International Software has acquired smaller rival Eurowage for 8.5m pounds in cash and shares. AIM-listed Bond has conditionally agreed to acquire Sussex-based Eurowage, which trades as FMP Europe, for £6m cash and £1m shares, then a deferred consideration of £1m

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9 Apr 2014 09:14

Bond International Raises Dividend As Profit Rises, Buys Eurowage

LONDON (Alliance News) - Bond International Software PLC Wednesday raised its dividend and announced the acquisition of Eurowage Ltd, as it saw pretax profit rise in 2013 despite seeing a slight decline in revenue. Bond International provides staff, human resources and payroll software.

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23 Jan 2014 11:42

Bond International Software Gets Contract Extension With Elwood Staffing

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24 Oct 2013 13:10

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18 Oct 2013 11:44

Bond International Software Wins GBP2.5 Million Five-Year Contract

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