Feb 9 (Reuters) - Konekt Ltd (KKT) : Konekt expands act...

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    Feb 9 (Reuters) - Konekt Ltd (KKT) :

    • Konekt expands act presence (KKT)
    • Says entered a contract to acquire src solutions, located in the act
    • Says transaction is expected to be EPS accretive in the 2016-17 full year
    • Says acquisition is anticipated to contribute revenue to Konekt of approximately $0.7M in the remainder of FY 2016
    • Says acquisition will be funded from konekt's existing cash
    • Says acquisition will see all consulting and leadership staff continuing in their roles combining into the new organisation
    • There will be a small EPS dilution in year to 30 June 2016, with transaction costs outweighing earnings for final four months of year (March-June)
 
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