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Acquisition

25 Jan 2006 07:01

AdVal Group PLC25 January 2006 AdVal Group plc ("AdVal") Proposed Acquisition of Maxim Learning Ltd Following its Interim Announcement issued on 30 December 2005, AdVal announcesthat it now anticipates signing a sale & purchase agreement for the acquisitionof the whole of the share capital of Maxim Learning Ltd in the very near future.The acquisition is expected to be on terms consistent with those outlined in theInterim Announcement, and is subject to consent from shareholders includingconsent by shareholders to a waiver of the requirements of Rule 9 of the CityCode so that that the present owners of Maxim will not be required to make acash offer for the whole of the outstanding share capital of AdVal. It is anticipated that a Circular will be issued to shareholders in earlyFebruary setting out full details of the proposed acquisition, and that anExtraordinary General Meeting will be called for early March at which thenecessary Resolutions approving the transaction will be presented. Enquiries: AdvalLars Ahrell, Chairman 01296 388100Richard Horsley, Finance Director Maxim 020 7248 2693Simon Philips This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
14th Sep 20064:08 pmRNSWithdrawal of Offer
17th Aug 20063:15 pmRNSResignation of Advisers
17th Aug 20063:15 pmRNSSuspension - AdVal Group plc
31st Jul 20067:02 amRNSTrading Update
22nd Jun 20064:17 pmRNSTrading Statement
17th Mar 200611:59 amRNSIssue of Equity
13th Mar 20062:21 pmRNSResult of EGM
15th Feb 20067:01 amRNSAcquisition
25th Jan 20067:01 amRNSAcquisition
30th Dec 20057:00 amRNSInterim Results
25th Oct 200511:24 amRNSAGM Statement
26th Sep 20057:00 amRNSFinal Results
25th Apr 20057:00 amRNSDirector Shareholding
25th Apr 20057:00 amRNSDirector Shareholding
25th Apr 20057:00 amRNSDirector Shareholding
25th Apr 20057:00 amRNSDirector Shareholding
25th Apr 20057:00 amRNSDirector Shareholding
1st Apr 200510:52 amRNSDisposal of Subsidiary
6th Jan 20055:47 pmRNSResult of EGM

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