This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
Premier International Ltd. Announces The Acquisition Of Premier Office (UK) Ltd.
Hamilton, Bermuda: 13 January, 2010 - Premier International Ltd. (BSX: PREM.BH) today announced that it has completed its acquisition of 100% of the outstanding common shares of Premier Office (UK) Ltd., following the conclusion of the due diligence as announced in the Prospectus dated December 21st, 2009, which has resulted in Premier Office Limited becoming a wholly-owned subsidiary of Premier International Ltd.
As a result of the successful acquisition and after completion of the due diligence, 3,000,000 ordinary shares of Premier International Ltd. have been issued in terms of the acquisition agreement, dated October 16th 2009. The Company has applied to the BSX to allow these shares to be free trading, taking the issued shares of the Company to 53,000,000.
Premier International will continue to move forward with the integration of Premier Office into Premier International as described in the Prospectus dated December 21st, 2009.
Premier International Ltd has also been allocated its Cusip and ISIN numbers which will be notified to the market by the BSX and via Bloomberg. The CUSIP is G722D101 and the ISIN is BMG722D1011.
For further information on Premier International Limited, please contact David Walton at phone: 0044 (0)8456 869 695, or fax: 0044 (0)7005 810 811.