Ann: ASSET: TTK: TeamTalk Confirms Settlement of

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    • Release Date: 18/12/12 10:46
    • Summary: ASSET: TTK: TeamTalk Confirms Settlement of Farmside Group Acquisition
    • Price Sensitive: No
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    TTK
    18/12/2012 08:46
    ASSET
    
    REL: 0846 HRS TeamTalk Limited
    
    ASSET: TTK: TeamTalk Confirms Settlement of Farmside Group Acquisition
    
    18th December 2012
    
    TEAMTALK CONFIRMS SETTLEMENT OF THE FARMSIDE GROUP ACQUISITION
    
    TeamTalk Limited is delighted to announce that the acquisition of 100% of the
    shares of BayCity Communications Limited (which, together with its
    subsidiaries is referred to as the Farmside Group) was completed late
    yesterday.
    
    Following shareholder approval for the acquisition at a Special Meeting on
    December 11th there were a number of further conditions to satisfy before the
    transaction went unconditional.  These have now all been satisfied.
    
    TeamTalk's Managing Director, David Ware, commented "This is an exciting
    development for TeamTalk.  Farmside is a great company and we look forward to
    help develop their growth plans over coming years."
    
    -----------ENDS----------
    
    For more information contact:
    
    David Ware
    Managing Director
    TeamTalk Limited
    0800 101 900
    End CA:00231251 For:TTK    Type:ASSET      Time:2012-12-18 08:46:19
    				
 
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