Empresaria Group PLC
25 September 2006
Empresaria Group plc ('Empresaria' or the 'Company')
Application has been made to the London Stock Exchange for the admission of
224,316 new ordinary shares of 5p each fully paid, ranking pari passu with the
existing ordinary shares ('Ordinary Shares'), to trading on the Alternative
Investment Market ('AIM') on 29 September 2006. These new Ordinary Shares were
allotted pursuant to the consideration relating to the purchase of shares from
minority shareholders in LMA Recruitment Limited ('LMA') and TeamSales Limited
('TeamSales'); both subsidiaries of the Company.
The acquisition of the minority shareholdings is made pursuant to an original
agreement between Empresaria and the employee shareholders of both companies and
a subsequent agreement between the same parties made earlier this year.
LMA and TeamSales specialise in financial recruitment and the supply of staff
for the new homes industry respectively.
After the acquisition Empresaria will own 78.57 per cent. of LMA and 100 per
cent. of TeamSales.
This information is provided by RNS
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