View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 7, 1997updated 05 Sep 2016 12:24pm


By CBR Staff Writer

Information technology consultant Diagonal Plc of Farnham, Surrey has applied for a full Stock Exchange listing and hopes to float by the spring. Established in 1988, Diagonal Plc reported an annual revenue of 19m British pounds for the year ending November 1995 with a profit of 1.4m pounds. The company, which specializes in client-server systems, currently employs 180 staff and a substantial number of freelance employees dealing largely with SAP AG packages, for which it is a systems integrator. The decision to float was prompted by the need to raise funds to aid the expansion of the business. The company plans to sell a quarter of its shares and looks for the flotation to put a value on it of between 30m pounds and 40m pounds. Director of Communications Alan Rogers said: We have not yet made a final decision as to how much money we intend to raise and discussions are under way at the moment. The placing will be handled via Henderson Crosthwaite.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.