CSG.L Regulatory News (CSG)

4 Apr 2008 10:00

Cyril Sweett Group PLC04 April 2008 Cyril Sweett Group plc ("Cyril Sweett" or "the Company") 4 April 2008 Acquisition of Nisbet Further to the announcement made on 25 March 2008 regarding the acquisition ofNisbet LLP and Nisbet Project Safety Limited ("Nisbet") ("the Acquisition"),Cyril Sweett is pleased to announce that the acquisition has now completed. As a result of the Acquisition, the Company has issued and allotted 2,203,928ordinary shares with a nominal value of 10p each in the Company ("OrdinaryShares") to the vendors of Nisbet. Application is now being made for the newshares to be admitted to trading on the London Stock Exchange's AIM market,which is expected to take place at the earliest practical opportunity. Following the Acquisition, the Company's issued share capital consists of56,995,220 Ordinary Shares with voting rights. Cyril Sweett holds 544,575Ordinary Shares in treasury. For further information contact: Cyril Sweett Group plc Dean Webster 020 7061 9000Chief Executive Officer dean.webster@cyrilsweett.com Mike Kemsley 020 7061 9000Chief Financial Officer mike.kemsley@cyrilsweett.com Caroline Covill 020 7061 9102, 07968 215057Head of Communications caroline.covill@cyrilsweett.com Brewin Dolphin Investment Banking 0845 270 8613Andrew KitchingmanSean Wyndham-Quin Financial Dynamics 020 7831 3113Jonathon BrillBilly Clegg About Cyril Sweett: • Cyril Sweett is a leading international construction and property consultancy offering expertise in cost consultancy, project management, building surveying and a comprehensive range of specialist consulting services. • Cyril Sweett floated on the AIM market of the London Stock Exchange in October 2007. • Founded in 1928, the Group has 27 offices throughout the UK, Australia, France, India, Ireland, Singapore, Spain and the United Arab Emirates. • Global alliance partners include D G Jones and Partners (Middle East) Limited and Drees & Sommer AG. This information is provided by RNS The company news service from the London Stock Exchange