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EU Supply PLC - Result of AGM

Thu, 30th May 2019 12:15

RNS Number : 6328A
EU Supply PLC
30 May 2019
 

30 May 2019

EU Supply plc

("EU Supply", the "Company" or the "Group")

Result of AGM 

EU Supply (LSE AIM: EUSP), the e-procurement SaaS provider, is pleased to announce that at the Annual General Meeting of the Company held earlier today, all resolutions were duly passed.

 

FURTHER ENQUIRIES

EU Supply PLC

Tel: 020 7127 4545

Thomas Beergrehn, CEO

 

Fredrik Wallmark, CFO

 

 

 

Stockdale Securities

Tel: 020 7601 6100

Tom Griffiths, David Coaten

 

 

 

 

A copy of this announcement is available at www.eu-supply.com.

 

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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