5 Aug 2014 07:00
PROACTIS Holdings PLC
Sale of Treasury Shares
PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the specialist Spend Control solution provider, announces that on 4 August 2014, it sold 63,777 of its own ordinary shares of 10 pence each ("Ordinary Shares") which it held in treasury at a price of 56.5 pence per Ordinary Share ("the Sale")
Following the sale, the Company no longer holds any Ordinary Shares in treasury. The total number of Ordinary Shares currently in issue is 38,254,659. Accordingly, the figure of 38,254,659 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 FCA's Disclosure and Transparency Rules.
Enquiries:
PROACTIS Holdings PLC | |
Rod Jones, Chief Executive Officer Tim Sykes, Chief Financial Officer
| Via Redleaf Polhill
|
Redleaf Polhill | |
Rebecca Sanders-Hewett Jenny Bahr | 0207 382 4730 |
finnCap Limited Stuart Andrews Charlotte Stranner | 0207 220 0500
|
Notes to Editors:
PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is already used in over 400 organisations around the world from the commercial, public and not-for-profit sectors. It is the largest independent eProcurement solution provider to the UK Public Sector.
PROACTIS is head quartered in Wetherby, West Yorkshire. It develops its own software using an in-house team of developers and sells through both direct and indirect channels via a number of Accredited Channel Partners.
PROACTIS floated on the AIM market of the London Stock Exchange in June 2006.
CLOUD COMPUTING is defined as location-independent computing, whereby shared servers provide resources, software, and data to computers and other devices on demand, as with the electricity grid.