NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE. THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE.
10 November 2016
ServicePower Technologies Plc ("ServicePower" or the “Company”)
Statement regarding a Possible Offer and Rule 2.9 announcement
ServicePower Technologies Plc notes the recent movement in its share price and confirms that it is in preliminary discussions with Jonas Computing (UK) LTD. ("Jonas"), an indirect wholly owned subsidiary of Constellation Software Inc., which could lead to an offer being made by Jonas for the entire issued and to be issued share capital of ServicePower (the “Possible Offer”). The Board would like to emphasise that these discussions are at a preliminary stage and that there can be no assurances that such an offer will be made for ServicePower, nor as to the terms on which any offer will be made. Shareholders are advised to take no action.
ServiceScheduling, ServiceOperations and ServiceGPS renewed for new three year term
ServicePower Technologies Plc (AIM: SVR), a market leader in mobile workforce management software, today announces that it has signed a new three year contract with BrandsMart USA for ServiceScheduling, ServiceOperations and ServiceGPS.