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Statement re Share Price Movement

27 Jan 2016 16:10

RNS Number : 2112N
Castleton Technology PLC
27 January 2016
 

Castleton Technology plc

 ("Castleton", the "Group" or the "Company")

Statement re Share Price Movement

The Company notes the recent rise in its share price and confirms that, in line with the Company's stated strategy of building a public sector focused IT managed services and software business, the Directors are currently in discussion with a potential bolt-on acquisition target which may or may not lead to a transaction in the near future. Further updates will be made as and when appropriate.

 

 

Enquiries:

 

Castleton Technology plc

Ian Smith, Chief Executive

Haywood Chapman, Chief Financial Officer

Tel. 44 (0)20 7965 8149

http://www.castletonplc.com

 

finnCap Ltd

Jonny Franklin-Adams / Simon Hicks

Tel. +44 (0)20 7220 0500

MXC Capital Markets LLP

Marc Young / Charlotte Stranner

Tel. +44 (0)20 7965 8149

 

 

About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The acquisitions of Montal, Documotive, Opus, Keylogic, Brixx and Impact Applications bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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