The board of directors of Claranet Group Limited (the "Company") hereby makes the following announcement.
Acquisitions
In 2014 the Company and its subsidiaries (together the "Group") completed the following acquisitions:
· On 2 July 2014 the Group acquired 100% of the voting equity instruments of Free UK Internet Limited, which is an internet service provider operating in the United Kingdom;
· On 24 October 2014 the Group acquired 100% of the voting equity instruments of Flesk Telecom Lda ("Flesk"). Flesk is a provider of hosting services in Portugal, focused on Soho and mid-sized businesses; and
· On 19 November 2014 the Group acquired 100% of the voting equity instruments of Celingest SL, which is a leading provider of managed cloud-based Amazon web services and Microsoft Azure services in Spain.
In 2015 the Group completed the following acquisitions:
· On 1 July 2015 the Group acquired 100% of the voting equity instruments of Visual Fusion (also known as Rede VF, a web hosting company in Portugal which will be integrated into the Group's Claranet Soho Portugal unit;
· On 3 July 2015 the Group acquired 100% of the voting equity instruments of Linux IT Europe Limited, a UK company, an expert in Linux-based technologies;
· On 7 July 2015 the Group acquired 100% of the voting equity instruments of Techgate PLC, a UK based business continuity and disaster recovery specialist;
· On 6 November 2015 the Group acquired 88% of the voting equity instruments of Run Iso SAS, a pure managed application hosting provider based in Lille, Northern France
· On 13 November the Group acquired 100% of the voting equity instruments of Financiere BCMP SAS, a managed application hosting provider focusing on business applications and trading in France as Aspaway: and
· On 9 December 2015 the Group acquired 100% of the voting equity instruments of Inok Consulting SA, a managed service provider and IT consultancy business operating primarily within Portugal.
The Group restructured during 2015 to bring Clara.net Portugal Telecomunicações SA and its subsidiaries which operate in Portugal within the Group.
Further details of the Company can be obtained from the UK Companies House (http://www.companieshouse.gov.uk/) or from the Company by sending a written request to its registered office for the attention of the company secretary.
All enquiries in relation to this announcement should be addressed to:
Bedell Channel Islands Limited
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