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Pin to quick picksK3 Business Technology Group Regulatory News (KBT)

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Acquisition

12 Feb 2007 07:02

Sanderson Group PLC12 February 2007 For Immediate Release 12 February 2007 Sanderson Group plc Acquisition Sanderson Group plc ("Sanderson" or the "Group"), the provider of software andIT services to UK commercial markets has agreed to purchase the trade and IPR ofthe Elucid business unit from K3 Business Technology Group plc, forconsideration of £1.362m in cash of which £250,000 will be deferred until 30April 2007. The Elucid business unit develops and markets software for use in multi-channelmarkets, and in the year to 31 December 2006 generated an unaudited adjustedoperating profit of around £200,000 on unaudited turnover of approximately £2m.At 31 December 2006, the Elucid business had no material assets. The business is expected to be earnings neutral in the current financial year,and earnings enhancing in the first full year of ownership. Christopher Winn, Chairman of Sanderson Group plc commented: "This acquisition complements our existing multi-channel businesses and willform an integral part of our ongoing development in this market area". -ends- Enquiries: Christopher Winn, Executive ChairmanSanderson Group plc Tel: 02476 555466 Paul VannWinningtons Financial Tel: 0117 9200092 or 07768 807631 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
26th Jul 20123:26 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
25th Jul 20126:14 pmRNSForm 8.3 - K3 Business Technology Group PLC
25th Jul 20121:06 pmRNSForm 8.3 - K3 Business Technology Group Plc
19th Jul 20122:28 pmRNSHolding(s) in Company
18th Jul 20126:19 pmRNSForm 8.3 - K3 Business Technology Group PLC
18th Jul 20129:28 amRNSForm 8.3 - K3 Business Technology Group PLC
5th Jul 20122:48 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
4th Jul 20123:08 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
3rd Jul 20122:03 pmRNSForm 8.3 - K3 Business Technology Group PLC
2nd Jul 20124:06 pmRNSExercise of Options
2nd Jul 20123:16 pmRNSForm 8.3 - K3 Business Technology Group PLC
2nd Jul 20122:28 pmRNSSIP Announcement
2nd Jul 20122:24 pmRNSForm 8.3 - K3 Business Technology Group PLC
2nd Jul 20122:24 pmRNSForm 8 (DD) N A Makeham
2nd Jul 20122:21 pmRNSForm 8 (DD) - D J Bolton
28th Jun 20123:21 pmRNSForm 8.3 - K3 Business Technology Group PLC
27th Jun 20122:04 pmRNSForm 8.3 - K3 Business Technology Group PLC
20th Jun 20122:24 pmBUSForm 8.3 - K3 Business Technology
19th Jun 20122:57 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
14th Jun 20123:20 pmRNSForm 8.3 - K3 Business Technology Group PLC
7th Jun 20123:13 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
6th Jun 201210:43 amRNSSIP Announcement
6th Jun 201210:36 amRNSForm 8 (DD)
6th Jun 201210:36 amRNSForm 8 (DD)
31st May 20123:22 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
18th May 20123:13 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
17th May 20122:46 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
17th May 20129:00 amBUSForm 8.3 - K3 Business Tech
11th May 20122:50 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
9th May 20129:06 amRNSHolding(s) in Company
4th May 20122:21 pmRNSForm 8.3 - K3 Business Technology Group PLC
2nd May 201211:49 amRNSSIP Announcement
2nd May 201211:42 amRNSForm 8 (DD)-K3 Business Technology Group Plc
2nd May 201211:39 amRNSForm 8 (DD)-K3 Business Technology Group Plc
30th Apr 201210:19 amRNSHolding(s) in Company
30th Apr 201210:15 amRNSHolding(s) in Company
30th Apr 20127:00 amBUSForm 8.3 - K3 Business Technology Group PLC
27th Apr 20122:42 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
27th Apr 20122:32 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
26th Apr 20122:05 pmRNSForm 8.3 - K3 Business Technology Group PLC
26th Apr 201210:33 amRNSForm 8.3 - K3 Business Tech Grp Plc
23rd Apr 20123:03 pmRNSForm 8.3 - K3 Business Technology Group PLC
20th Apr 201211:57 amRNSForm 8.3 - K3 Business Technology Group PLC
20th Apr 201211:53 amRNSForm 8.3 - K3 Business Technology Group- Amendment
20th Apr 201211:44 amRNSClarification of Director's Holding
18th Apr 20122:22 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
17th Apr 20122:37 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
13th Apr 20123:13 pmRNSForm 8.3 - K3 Business Technology Group PLC
4th Apr 20122:14 pmRNSForm 8.3 - K3 Buisness Technology Group PLC
4th Apr 20122:10 pmRNSForm 8.3 -Replacement K3 Business Technology Group

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