Freeserve PLC - Acquisition Completed, etc
13 April 2000 - 9:06AM
UK Regulatory
RNS Number:0263J
Freeserve PLC
13 April 2000
Freeserve plc
Completion of acquisition of Smartgroups.com
Further to its announcement on 16 March 2000, Freeserve has today completed
the acquisition of the whole of the issued share capital of Intracus Ltd,
trading as Smartgroups.com.
In connection with the acquisition Freeserve has allotted and issued
5,315,579 ordinary shares of 0.01p each. Application has been made to the
London Stock Exchange for the shares to be admitted to the Official List and
dealings are expected to commence today.
For further information please contact:
Paul Barker, Investor Relations,
Freeserve plc 0870 9090 666
Julian Walker/Patrick Toyne Sewell,
Citigate Dewe Rogerson 0171 638 9571
END
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