Last checked at 23 Jun 2010 07:00
| Press Release | 23 June 2010 |
Focus Solutions Group plc
("Focus Solutions" or the "Company")
Additional Listing and Total Voting Rights
Application has been made today for 112,358 ordinary shares of 10 pence each in the Company ("Ordinary Shares") to be admitted to trading on AIM as deferred consideration payable for the purchase of The Coaching Platform Limited, together with a cash payment of £50,000. The purchase of the Coaching Platform Limited was completed on 22 December 2008.
Admission is expected to become effective on 28 June 2010.
The Ordinary Shares will, on admission to AIM, rank pari passu with and will be identical in all respects to the existing Ordinary Shares of the Company.
Following the Admission, for the purposes of Disclosure and Transparency Rules, the Company's total issued share capital consists of 29,746,010 ordinary shares of 10p each, with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 29,746,010.
The above figure of 29,746,010 may be used by shareholders 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 Company, under the Disclosure and Transparency Rules.
- Ends -
For further information:
| Focus Solutions Group plc |
|
| Richard Stevenson, Chief Executive | Tel: +44 (0) 1926 468300 |
| Martin Clements, Finance Director | www.focus-solutions.co.uk |
| finnCap |
|
| Marc Young / Charlotte Stranner | Tel: +44 (0) 20 7600 1658 |
| Simon Starr (broking) |
|
|
| www.finncap.com |
Media enquiries:
| Abchurch |
|
| Heather Salmond / Joanne Shears / Mark Dixon | Tel: +44 (0) 20 7398 7709 |
| Joanne.shears@abchurch-group.com | www.abchurch-group.com |
Notes to editors:
Focus Solutions is an established and proven supplier of multi-channel distribution solutions to the global financial services industry.
Focus has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers including the likes of HSBC and Irish Life, significant wealth management players such as St James's Place and a number of mortgage providers. The technology truly enables straight through processing whilst providing an engaging client and adviser experience to submit and service business electronically.
focus:360° is at the core of all client implementations providing a single, agile, multi-channel technology platform. Focus has brought together three key areas of expertise: software, consultancy and service delivery. This totally integrated approach means clients can distribute any product across any channel. At the same time they can maintain an enterprise-wide view of the customer value and risk.
For further information on Focus Solutions, please visit www.focus-solutions.co.uk