The Board of Maxima Holdings plc (AIM: MXM), the IT business systems and managed services company, today announces that in line with its previous statement to dispose of non-core assets, the disposal of the Business and Assets of its Integrated Business Systems (“IBS”) sub-division, has been completed for a total gross consideration of £1.6 million, of which £1.4 million has been paid in cash and a further £0.2 million is deferred, pending renewal of certain annuity contracts.
The Board of Maxima Holdings plc (AIM: MXM), the IT business systems and managed services company, announces that, at its Annual General Meeting held today, all the resolutions contained within the Notice of the Meeting were duly passed.
Maxima Holdings plc (AIM: MXM), the leading IT business systems and managed services company, has announced a major multi-million pound contract from Hewden – the UK’s largest multi-product specialist equipment rental company - to deliver a next generation integrated business management and CRM solution.
Maxima Holdings plc, (AIM: MXM) the integrated IT Solutions and Managed Services Company announces that Executive Chairman, Ian Smith purchased 100,000 ordinary shares in the market (50,000 at 27.68p and 50,000 at 28.7p) on 25 October 2011, representing 0.28% of the ordinary shares of the Company in issue. Ian Smith’s total interest in the Company (including that owned by MXC Capital Limited of which he is a managing partner) has increased to 5,100,000 ordinary shares, representing 14.46% of the ordinary shares of the Company in issue. The trade was advised to the Company on the 26 October 2011.
Following admission of the new ordinary shares in the company pursuant to the placing announced on 19 October 2011, Maxima confirms that there are now 35,261,402 shares in issue and that the Directors’ holdings in the issued share capital of the Company are as follows:
Further to the announcement made yesterday, the Company announces that it has raised £2 million (before expenses) through a placing of 10,000,000 new Ordinary Shares at a price of 20 pence per share (the "Placing"). The purpose of the Placing is to strengthen the Company's balance sheet, reduce bank debt and to provide working capital to fund the future development of the business.
Maxima Holdings plc ("Maxima" or "the Company"), the IT business systems and managed services company, today announces the conclusions drawn from its strategic review, a proposed fundraising, and Board changes.
Maxima Holdings plc ("Maxima" or "the Company"), the IT business systems and managed services company, today announces the appointment of Ian Smith of MXC Capital as Non Executive Director.