Acquisition - Milbury Systems

22 Nov 2007 16:19

Eleco PLC22 November 2007 22 November 2007 Eleco plc (the "Company") Completion of Acquisition of Milbury Systems Limited Holding in Company Completion occurred today of the acquisition by the Company of the entire issuedshare capital of Milbury Systems Limited, details of which were announced on 15November 2007. The Company has been notified by Aviva plc that the legal and beneficial holdingof Delta Lloyd Europees Deelnemingen Fonds N.V. is 3,000,000 ordinary shares of10p each, representing approximately 5.00% of the Company's current issued sharecapital, following Admission of the new ordinary shares to be issued and therelated placing associated with the acquisition of Milbury Systems Limited. TheCompany's issued share capital at the date of this announcement is 59,953,239ordinary shares of 10p each. Enquiries: Eleco plcIvor Barton - Company Secretary+44 (0)1920 443830 Collins Stewart Europe LimitedPhilip P. Roe+44 (0)207 523 8350 This information is provided by RNS The company news service from the London Stock Exchange