Crossword Cybersecurity Regulatory News (CCS)

11 May 2007 12:08

Clarity Commerce Solutions PLC11 May 2007 Clarity Commerce Solutions plc (the "Company") Additional Listing Application has been made to AIM, a market of the London Stock Exchange plc, forthe admission of 2,137,201 ordinary shares of 25p each (the "New OrdinaryShares"). It is expected that admission will occur on 16 May 2007. The New Ordinary Shares have been issued to the vendors of MATRA Systems(Holdings) Limited and Romulus Enterprises Limited, the acquisitions of whichwere announced by the Company on 29 March 2006 and 24 March 2003 respectively,as the elements of the deferred consideration and earn out considerationpursuant to the terms of the sale and purchase agreements used to effect bothacquisitions. These shares rank pari passu with the Company's existing OrdinaryShares. A breakdown of the individual elements of the consideration for the twoacquisitions and the various dates of issuance is given in the table below. Reason for Issuance Date Issued Shares held Romulus deferred consideration Feb-05 393,443 Romulus earn out Dec-06 228,606 MATRA consideration Aug-06 1,515,152 2,137,201 At the date of this announcement the Company's issued share capital consists of21,081,844 ordinary shares of 25 pence each with voting rights. The Company doesnot hold any shares in Treasury. This information is provided by RNS The company news service from the London Stock Exchange