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Re Baugur Acquistion

25 Oct 2007 07:02

K3 Business Technology Group PLC25 October 2007 KBT.L K3 BUSINESS TECHNOLOGY GROUP PLC ("K3" or "the Group") Baugur Group acquires LS Retail, Developer of K3's Retail Software Solution Baugur Group, the international investment group which owns high streetretailers such as House of Fraser, Goldsmiths and Iceland, has recently acquiredLS Retail, the Icelandic developer of K3's Microsoft Dynamics based retailsoftware solution. K3 is the leading UK distributor of LS Retail's retail software solution, with aparticularly strong presence in key sectors such as fashion and fast movingconsumer goods. In September 2007, K3 further strengthened its position in theretail sector with the acquisition of Landsteinar Nederland, the LS Retailpartner in Holland. Andy Makeham, CEO of K3, commented, "K3 continues to grow its Retail Software Division, having recently announcedcontracts worth £2m including with the high street fashion retailer, Jigsaw. Baugur's acquisition of LS Retail represents an exciting development in theretail software market. We have developed a strong relationship with LS Retailover a number of years and we now look forward to working closely with theBaugur Group going forward." Enquiries: K3 Andy Makeham, Chief Executive T: 01282 864 111 David Bolton, Chief Finance Officer Biddicks Katie Tzouliadis/Sophie Lane T: 020 7448 1000 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
27th Dec 20172:19 pmRNSDirector/PDMR Shareholding
12th Dec 20177:00 amRNSTrading Update
27th Sep 20177:00 amRNSSecond Interim Results
26th Sep 201711:52 amRNSHolding(s) in Company
18th Sep 201711:17 amRNSHolding(s) in Company
8th Aug 20173:55 pmRNSHolding(s) in Company
6th Jul 20175:25 pmRNSHolding(s) in Company
6th Jul 201710:48 amRNSPDMR Shareholding
6th Jul 20179:05 amRNSHolding(s) in Company
5th Jul 20171:17 pmRNSHolding(s) in Company
4th Jul 201711:41 amRNSReplacement:Result of General Meeting
4th Jul 201711:11 amRNSSIP Announcement
4th Jul 201711:06 amRNSResult of General Meeting
4th Jul 201710:36 amRNSHolding(s) in Company
4th Jul 20177:00 amRNSSigning of Facility Amendment Agreement
30th Jun 20177:00 amRNSResult of Open Offer
12th Jun 201712:58 pmRNSResults of Proposed Placing
12th Jun 20177:00 amRNSFundraising & Board Changes
8th Jun 20177:00 amRNSRetirement of Non-Executive Director
1st Jun 20173:12 pmRNSHolding(s) in Company
1st Jun 20172:23 pmRNSSIP Announcement
18th May 20174:51 pmRNSHolding(s) in Company
17th May 20173:16 pmRNSHolding(s) in Company
16th May 20177:00 amRNSTrading Update
5th May 20177:00 amRNSChange of Accounting Reference Date
2nd May 20173:45 pmRNSSIP Announcement
20th Apr 20179:27 amRNSHolding(s) in Company
4th Apr 20174:07 pmRNSSIP Announcement
27th Mar 20177:00 amRNSInterim Results
27th Mar 20177:00 amRNSBoard Appointment
14th Mar 20173:49 pmRNSHolding(s) in Company
3rd Mar 201712:16 pmRNSSIP Announcement
2nd Feb 20173:26 pmRNSPDMR Announcement
24th Jan 20174:29 pmRNSHolding(s) in Company
17th Jan 20175:14 pmRNSHolding(s) in Company
10th Jan 20177:00 amRNSTrading update
4th Jan 20172:59 pmRNSSIP Announcement
2nd Dec 20163:02 pmRNSPDMR Announcement
30th Nov 201612:02 pmRNSHolding(s) in Company
24th Nov 201611:49 amRNSResult of AGM
24th Nov 20167:00 amRNSAGM Statement
7th Nov 201611:51 amRNSSIP Announcement
18th Oct 20164:26 pmRNSAnnual Report and Accounts
18th Oct 20167:00 amRNSAppointment of Chief Financial Officer
5th Oct 20161:20 pmRNSSIP Announcement
23rd Sep 20167:00 amRNSAppointment of CEO
13th Sep 20167:00 amRNSFinal Results
1st Sep 20164:41 pmRNSSIP Announcement
3rd Aug 201611:59 amRNSHolding(s) in Company
2nd Aug 20164:11 pmRNSSIP Announcement

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