RNS Number : 8878C
Baqus Group PLC
21 November 2009
 

FOR IMMEDIATE RELEASE


Baqus Group PLC (the "Company")


NOTICE OF ANNUAL GENERAL MEETING

REPORT AND ACCOUNTS



The Company announces that it has posted to shareholders its Report and Accounts for the year ended 30 June 2009, together with a notice convening the Company's Annual General Meeting for 15 December 2009 at 12 noon at the offices of Seymour Pierce, 20 Old Bailey, London, EC4M 7EN.


A copy of the Report and Accounts is available from the Company's website www.baqus.co.uk.


Contact:

Baqus Group plc

Clive Sayer (Chief Executive Officer)                                  07967 132 221

Patrick Lineen (Financial Director)                                     07818 034 452

Seymour Pierce (Nominated Adviser and Broker)

Mark Percy                                                                     020 7107 8000

Cubitt Consulting (Financial Public Relations Advisers)

Brian Coleman-Smith / James Verstringhe                          020 7367 5100


Background Note:


Baqus was admitted to trading on AIM on the 14 December 2007, having raised £1.75 million through a placing of 17,500,000 Ordinary Shares.


Baqus is a national building consultancy and quantity surveying group offering construction cost consultancy, project management and building surveying services to clients in the UK. The Group works across a number of business sectors including: health, education, leisure, hospitality, affordable housing, residential, commercial and conservation. Clients include local authorities, central government, NHS, residential Housing Associations, commercial companies and developers.


The Quantity Surveying Market in the UK, estimated to be worth in excess of £1 billion, is highly fragmented and dominated by a small number of major players, which the Baqus Group Directors believe make it ripe for consolidation. Since the Group's admission to AIM, they have been pursuing a strategy of acquiring small to medium sized Quantity Surveying practices across the country, the most recent of which is Nigel Rose Group. Previous activity includes the acquisition of Sworn King and Partners in 2008. Once acquired, the practices are incorporated into the wider Group with a particular emphasis on exploiting opportunities for operational synergies with existing business units.


This information is provided by RNS
The company news service from the London Stock Exchange
 
 
 

RNS news service provided by Hemscott Group Limited.