TIDMSID

RNS Number : 5577N

Silverdell PLC

02 September 2011

Silverdell Plc

("Silverdell Plc" or "the Company")

Completion of Acquisition

Silverdell Plc announces that the acquisition of RDS Asbestos Management Consultants [UK] Limited by Redhill Analysts Limited, a subsidiary of Silverdell Plc, has been completed. Initial consideration payable on completion of the acquisition was satisfied by the payment of GBP895,000 in cash and by the issue of 5,550,000 ordinary shares in Silverdell Plc ("Consideration Shares").

The Consideration Shares are expected to be admitted to trading on AIM on 5 September 2011. Following admission of the Consideration Shares the total voting rights in ordinary shares with voting rights will be 180,839,719.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Silverdell Plc under the FSA's Disclosure and Transparency Rules.

Enquiries:

 
 Silverdell                         Tel: 020 7004 2741 
 Sean Nutley, Chief Executive 
 Ian Johnson, Finance Director 
 
 finnCap                            Tel: 020 7600 1658 
 Marc Young - Corporate Finance 
 Ben Thompson - Corporate Finance 
 Tom Jenkins - Corporate Broking 
 
 College Hill                       Tel: 020 7457 2020 
 Mark Garraway 
 Helen Tarbet 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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