VERI Veris

 

TIDMVERI 
 
RNS Number : 7760Q 
Veris PLC 
17 April 2009 
 

 
 
Veris plc 
 
 
Completion of Disposal 
 
 
17 April 2009 
 
 
Further to the announcement on 3 March 2009, Veris plc ("Veris" or the 
"Company") today announces the completion of the disposal of its moving and 
storage division (the "Division") to Capstar Limited for a consideration of 
EUR74,304.16 which was paid in cash on 9 April 2009, in accordance with the 
agreement dated 2 March 2009. 
On obtaining shareholder approval at the recent Extraordinary General Meeting 
("EGM") on 9 April 2009, Veris plc bought back 687,222 shares held by Niall 
Doris and persons connected to him at EUR0.28 per share for a total consideration 
of EUR192,422.16. The buy-back of 80,000 shares held by Pershing International 
Nominees Limited at EUR0.28 per share, though approved at the EGM and by the 
Board, will not now proceed. The shares which were bought back have been 
cancelled and accordingly the issued share capital of the Company is 25,650,422. 
* The Division is comprised of Bond Business Support Limited and all of its 
subsidiaries (Nat Ross Limited, Oman Transport Limited, A.G. Doree (Ireland) 
Limited and McConnell Removals Limited) and Hire A Crate Limited 
 
 
For further information, please contact: 
 
 
+-------------------------+---------------------+ 
| Veris plc               |                     | 
+-------------------------+---------------------+ 
| Bernard Farrell, CEO    | + 353 1 294 7080    | 
+-------------------------+---------------------+ 
|                         |                     | 
+-------------------------+---------------------+ 
| Davy Corporate Finance  |                     | 
+-------------------------+---------------------+ 
| JJ Cahill               | +353 1 679 6363     | 
+-------------------------+---------------------+ 
|                         |                     | 
+-------------------------+---------------------+ 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DISUBRSRKORSAAR 
 

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