28 July 2011 – agm statement
The company remains confident that it will perform in line with expectations this year and with its end markets linked to a growing emphasis on online identity for enterprise needs, long term trends look favourable. The acquisition of Advanced Checking Services Ltd, for an initial consideration of £0.42m, was also announced. Half year results for the six months ended 30 September 2011 will be announced on 30 November 2011. We keep our BUY rating.