DGAP-Adhoc: IBS Group Holding Limited: IBS Group seeking

IBS Group Holding Limited  / Key word(s): Strategic Company Decision/Acquisition

21.12.2011 18:56

Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad Hoc notification from IBS Group Holding Limited in accordance with Â§ 15
of the Securities Trading Act (WpHG)

IBS Group is looking to gain full control over its IT Services segment
after buying all the shares of the company that it does not already own.

Today, a subsidiary of IBS Group - SouthEast Integration, Inc. have signed
a letter of intent to acquire 14.09% of the share capital of IBS Systems
Integration Limited ('the Company') from Warrant Group Ltd. As a result of
anticipated transaction IBS Group will increase its controlling stake in IT
Services segment up to 97.75%. The rest 2.25% of the share capital is
reserved for stock option plan. The Parties intend to sign legally binding
transaction documents regulating mutual obligations and conditions not
later than 31 January 2012. This is subject to the necessary corporate
approvals and other legal requirements.

To the extent that this release contains any statements that relate to
expectations, forecasts or to the future, these statements may be
associated with known and unknown risks and uncertainties. Therefore, the
actual events and circumstances may differ materially from these
statements. Subject to mandatory provisions of law, the company has no
obligation and undertakes no obligation to publicly update or revise any of
these statements to correctly reflect, subsequently to this release, the
actual events and circumstances.


Dmitry Ivanov 
Investor Relations Director
IBS Group

dvivanov@ibs.ru
tel: +7 (495) 967 8000
fax: +7 (495) 967 8099
cel: +7 (916) 618 4034
www.ibsgr.com




21.12.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      IBS Group Holding Limited
              Kissack Court, 29 Parliament Street
              IM8IJA Ramsey (Isle of Man)
              Isle of Man
Phone:        +7 495 967 80 00
Fax:          +7 495 967 80 99
E-mail:       ibsgr@com
Internet:     www.ibsgr.com
ISIN:         US4509391037
WKN:          A0MJ2Z
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin
 
End of Announcement                             DGAP News-Service
 
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DGAP-Adhoc: IBS Group Holding Limited: IBS Group seeking full control over its IT Services segment
