ACC.L Regulatory News (ACC)

24 May 2006 12:33

Access Intelligence PLC24 May 2006 Access Intelligence plc (the "Company") The Company announces the issue and allotment of a total of 13,528,503 ordinaryshares of 0.5 pence each ("New Ordinary Shares"), which represents 17.5 percent. of the enlarged share capital of the Company to the vendors of RidgewayTechnologies Limited ("Ridgeway") as deferred consideration for the acquisitionof Ridgeway. The number of New Ordinary Shares was determined by reference to the profits ofRidgeway for the period ended 31 December 2005 and has been calculated inaccordance with an agreement dated 1 June 2005, as referred to in the Company'sannouncement on 2 June 2005, details of which were included in the Company's AIMadmission document of the same date. There is no further deferred considerationpayable in respect of this acquisition. The Company has today made application for the New Ordinary Shares to beadmitted to trading on AIM. It is anticipated that trading in the New OrdinaryShares will commence on 31 May 2006. Following admission the enlarged sharecapital of the Company will be 77,202,215 ordinary shares of 0.5 pence each. This information is provided by RNS The company news service from the London Stock Exchange