IBS Group Holding Limited / Key word(s): Strategic Company Decision/Acquisition 21.12.2011 18:56 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad Hoc notification from IBS Group Holding Limited in accordance with § 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 --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------
DGAP-Adhoc: IBS Group Holding Limited: IBS Group seeking full control over its IT Services segment
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