Northamber PLC Potential Acquisition (3658X)
18 Diciembre 2019 - 8:00AM
UK Regulatory
TIDMNAR
RNS Number : 3658X
Northamber PLC
18 December 2019
18 December 2019
Northamber PLC
("Northamber" or "the Company")
Potential Acquisition
The Company announces that it is in advanced discussions with
regard to the potential acquisition of Audio Visual Materials
Limited ("AVM") (the "Potential Acquisition").
AVM is an audio visual distributor to integrators and other
trade parties and if the Potential Acquisition proceeds, it will
assist in enhancing and expanding Northamber's specialist AV
division which focusses on driving higher margin profitable growth
for AV and IT resellers in the areas of Professional Displays,
Projection, Audio, Video Conferencing, Visitor Management and Room
Booking Systems.
In the event that the Potential Acquisition were to proceed it
would be classified as a Substantial Transaction for the purposes
of the AIM Rules for Companies. However, there is no guarantee that
it will proceed.
A further announcement will be made in due course as
appropriate.
For more information please contact:
Cantor Fitzgerald Europe (Nominated
Adviser & Broker) 020 7894 7000
Phil Davies
Michael Boot
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END
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