Offer Update
December 23 2003 - 1:00AM
UK Regulatory
RNS Number:5826T
Systems Union Group PLC
23 December 2003
Systems Union Group plc announces
stake of 93.5% in MIS AG at close of public offer
Systems Union Group plc today announces that it has acquired 93.5% of MIS AG
shares following the second and final term of its tender offer, which closed on
18 December 2003. The company has paid, to date, EUR 31.88 million (GBP 22.5
million) for the business intelligence software provider.
Systems Union received valid acceptances for 64.02% of MIS' issued share capital
and has purchased a further 29.48% in the market. In total, this represents
3,157,939 shares, being 93.5% of MIS' share capital.
23 December 2003
- e n d s -
Enquiries:
Robert Gibb, corporate communications manager, Systems Union Group plc
Tel -- Mobile: 07767 216021 Office: 01252 556219 or 556000
This information is provided by RNS
The company news service from the London Stock Exchange
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