10 Feb 2012 08:00
10 February 2012
Completion of Acquisition of syseca AG and admission of shares
Brady plc ("Brady" or "the Company"), the leading provider of trading, risk management and settlement solutions to the energy, metals and soft commodities sectors, is pleased to announce that further to the Company's announcement of 7 February 2012, the Acquisition of syseca AG is now complete and the 675,951 Consideration Shares have today been admitted to trading on AIM.
Following the issue and admission of the Consideration Shares, which rank pari passu with the Company's existing ordinary shares, the Company has 55,006,112 ordinary 1p shares in issue. The Company holds 4,306 ordinary shares in Treasury. Therefore, the total number of voting rights in Brady is 55,001,806.
The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Services Authority's Disclosure and Transparency Rules.
For further information, please contact:
Brady plc Gavin Lavelle, Chief Executive Tony Ratcliffe, Finance Director
| Tel: 01223 479479 |
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Cenkos Securities Ivonne Cantu / Camilla Hume
| Tel: 020 7397 8900
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Redleaf Polhill Samantha Robbins/David Ison
| Tel: 020 7566 6720 |
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About Brady
Brady plc (BRY.L) is a leading global provider of trading and risk management software to the worldwide commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, softs and agriculturals.
Brady has 25 years' expertise in the commodity markets with over 150 customers worldwide, including some of the largest financial institutions, producers and mining corporations which depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest miners, refiners and producers, trading companies, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers. For further information visit: www.bradyplc.com
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