Tax Systems has acquired all of Osmo Data Technology’s shares in return for a share issue of 4,701,492 new shares worth £0.01 each. The company will continue to trade as an independent entity and is expected to be listed on the London Stock Exchange under its current trading symbol OSMO.
Tax Systems has acquired all of Osmo Data Technology’s shares in return for a share issue of 4,701,492 new shares worth £0.01 each. The deal is worth £3.2m and will see former executive chairman Gavin Lyons appointed CEO and non-executive director Clive Carver appointed non-executive chairman.