DPCE Holdings Plc has done plenty for its shareholders of late, so there shouldn’t be many objections to the company tapping them for a bob or two to enable it to keep up the good work and make further acquisitions and capital investments. The company is seeking UKP14.6m by way of a one-for-six rights issue at 320 pence, a 35 pence discount on the price in the market before the announcement was made. Although third party maintenance is getting increasingly competitive, with even IBM taking notice, gran’daddy DPCE holds most of the aces.
This article is from the CBROnline archive: some formatting and images may not be present.
CBR Online legacy content.