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272.00 3.00 (1.12%)

Bid:

270.00

Ask:

274.00

Spread: 4.00 (1.481%)

Market Cap: £361.75m

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Acquisition of Ancora Solutions

2 Jan 2015 07:00

RNS Number : 0914B

Restore PLC

02 January 2015

2 January 2015

Restore plc

Acquisition of Ancora Solutions

Restore plc ("Restore"), the UK office services provider, today announces that it has acquired the business and assets of Ancora Solutions ("Ancora"), a document management business, from IPPlus plc.

Ancora was purchased for a cash consideration of £500,000 on a cash-free, debt-free basis, funded from Restore's existing bank facilities.

For further information please contact:

Restore plc
Charles Skinner, Chief Executive	07966 234 075
Adam Councell, Group Finance Director	07860 402 434

Cenkos Securities	020 7397 8900
Nick Wells

FTI Consulting
Nick Hasell	020 3727 1340

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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