19 Aug 2016 16:40
Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
For Immediate Release |
19 August 2016 |
Bond International Software plc
(the "Company")
Further to the announcements on 22 July 2016 and 15 August 2016, Bond International Software plc is pleased to announce the completion of the sale of the entire issued share capital of its payroll subsidiaries, comprising Bond HR and Payroll Software Limited, Bond Payroll Services Ltd and Eurowage Limited and receipt of the cash consideration of £27.4m.
MAR
The information contained within the announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
A copy of this announcement can be viewed at www.bondinternationalsoftware.com.
For further information, please contact:
Bond International Software plc: Tel: 01903 707070
www.bondinternationalsoftware.com
Steve Russell: Group Chief Executive
Bruce Morrison: Group Finance Director
Buchanan: Tel: 020 7466 5000
Richard Darby
Steph Watson
Houlihan Lokey Capital, Inc. (Financial adviser)
Thomas Bailey Tel: 001 404 495 7056
Cenkos Securities plc (Nomad) Tel: 020 7397 8900
Stephen Keys
Camilla Hume