(MXM) Maxima
Summary
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| 15-12-11 | RNS |
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RNS Number : 0363U Maxima Holdings PLC 15 December 2011 15th December 2011 Maxima Holdings plc ("Maxima" or "the Company")
Disposal of Integrated Business Systems sub-division
The Board of Maxima Holdings plc (AIM: MXM), the IT business systems and managed services company, today announces that in line with its previous statement to dispose of non-core assets, the disposal of the Business and Assets of its Integrated Business Systems ("IBS") sub-division, has been completed for a total gross consideration of £1.6 million, of which £1.4 million has been paid in cash and a further £0.2 million is deferred, pending renewal of certain annuity contracts
IBS was a sub-division within the Business Solutions division, operated within Maxima Information Group Limited, a wholly owned subsidiary of the Maxima Holdings Plc Group (the "Group"), and specialises in the maintenance of ERP solutions to manufacturing companies. The working capital of the sub-division at completion will accrue to the Group, including monies paid in advance for annual contracts, estimated at £0.5 million. There is also provision in the sale agreement for a refund of up to £0.2 million should Maxima Information Group Limited cease to be a wholly owned subsidiary of the Company.
The IBS sub-division employed 10 employees, located principally in the North West of England. For the financial year ended 31 May 2011, it reported revenue of £1.7m and segmental adjusted EBITA (pre-exceptional costs, share based payments and amortisation) of £0.6m. Its net asset value in the Group's accounts at 31 May 2011 was £1.3m. The financial impact of the sale on the Group will be finalised and reported in the Group's half year results announcement expected in February 2012 and the cash received will be used to repay part of the Company's banking facilities. Ends
For further information please contact:
Maxima Holdings plc Ian Smith, Executive Chairman Tel: +44 (0)1242 211 211 David Memory, Chief Financial Officer Tel: +44 (0)1242 211 211
Cenkos (Nominated advisor to the Company) Stephen Keys/Adrian Hargrave Tel: +44 (0)20 7397 8900
MHP (PR) Reg Hoare / James White / Vicky Watkins Tel: +44 (0)20 3128 8100
Notes to Editors: Maxima (AIM:MXM) is a leading provider of IT business systems and managed services, helping over 1,000 organisations across the UK, Ireland and the USA to increase their productivity, reduce their business costs and streamline their processes. The company's Business Solutions and Managed Services, Infrastructure and Applications (MSIA) operations support all aspects of cloud computing delivery, including Infrastructure as a Service, Platform as a Service and Software as a Service capabilities. Core Maxima solutions and services include virtualisation, web connectivity, infrastructure management, IT managed services provision, business intelligence, and comprehensive Microsoft Dynamics AX ERP and CRM business solutions. For more information, please visit www.maxima.co.uk.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 24-11-11 | RNS |
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RNS Number : 7320S Maxima Holdings PLC 24 November 2011
24th November 2011 Maxima Holdings plc ("Maxima" or "the Company") Result of AGM The Board of Maxima Holdings plc (AIM: MXM), the IT business systems and managed services company, announces that, at its Annual General Meeting held today, all the resolutions contained within the Notice of the Meeting were duly passed.
At the meeting, Chairman Ian Smith advised that progress continues to be made on the disposal of non-core assets. He also confirmed that in the meantime, the company has identified further overheads that can be eliminated and has commenced a period of cost cutting with a view to the reduction of annual costs in excess of £1 million.
For further information please contact: Maxima Holdings plc Ian Smith, Executive Chairman Tel: +44 (0)1242 211 211 David Memory, Chief Financial Officer Tel: +44 (0)1242 211 211 Cenkos (Nominated advisor to the Company) Stephen Keys/Adrian Hargrave Tel: +44 (0)20 7397 8900 MHP (PR) Reg Hoare / James White / Vicky Watkins Tel: +44 (0)20 3128 8100
Notes to Editors: Maxima (AIM:MXM) is a leading provider of IT business systems and managed services, helping over 1,000 organisations across the UK, Ireland and the USA to increase their productivity, reduce their business costs and streamline their processes. The company's Business Solutions and Managed Services, Infrastructure and Applications (MSIA) operations support all aspects of cloud computing delivery, including Infrastructure as a Service, Platform as a Service and Software as a Service capabilities. Core Maxima solutions and services include virtualisation, web connectivity, infrastructure management, IT managed services provision, business intelligence, and comprehensive Microsoft Dynamics AX ERP and CRM business solutions. For more information, please visit www.maxima.co.uk. This information is provided by RNS The company news service from the London Stock Exchange More |
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| 15-11-11 | RNS |
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RNS Number : 0524S Maxima Holdings PLC 15 November 2011 15th November 2011
MAXIMA ("Maxima" or "the company")
Maxima selected for major multi-million pound ERP and business management solution deployment
Maxima Holdings plc (AIM: MXM), the leading IT business systems and managed services company, has announced a major multi-million pound contract from Hewden - the UK's largest multi-product specialist equipment rental company - to deliver a next generation integrated business management and CRM solution.
The project will see Hewden deploy a more agile, integrated ERP and CRM approach based on Microsoft Dynamics® AX and Microsoft Dynamics® CRM 2011 software, along with sector-specific application solutions from Maxima's own Microsoft Dynamics for the Construction Industry portfolio, including specialist HR, equipment rental and cross-hire capabilities. Maxima will work closely with Hewden, initially deploying the company's Microsoft Dynamics AX and Microsoft Dynamics CRM 2011 applications on premise, but also offering the flexibility to move to a hosted, cloud-enabled environment at a later date.
According to Andrew Griffin, Hewden's Head of IT: "As a leading Microsoft Gold partner, Maxima clearly could offer the in-depth capabilities we needed to support our Microsoft Dynamics AX and Microsoft Dynamics CRM 2011 deployments, however we were also particularly impressed by the company's detailed Construction sector expertise and its ability to implement the more focused equipment rental and x-hire capabilities that could directly support our business. The company's proven CRM capabilities, as well as its ability to customise Microsoft Dynamics CRM 2011 to meet our own particular application requirements, were also key factors in our decision to go with Maxima."
With a head office based in Manchester, Hewden - www.hewden.co.uk - operates through a nationwide depot network and is the leading multi-product national hire specialist, with a focus on delivering customer service through quality, safety, sustainability and reliability.
Maxima's Microsoft practice focuses on the design, implementation and support of Microsoft Dynamics AX and CRM solutions by combining technology expertise with deep industry vertical understanding and the experience of IT project and service delivery. The company's Microsoft Dynamics for the Construction Industry solution provides a CRM solution pre-configured to the specific needs of contractors, consultants, architects and building products suppliers.
Maxima Business Solutions Managing Director, Paul Adams, added: "The provision of solutions based on the Microsoft Dynamics AX/CRM platform is one of Maxima's key growth engines, and we're delighted to add Hewden to our expanding portfolio of Microsoft Dynamics customers. Hewden and Maxima are a particularly good fit, as we both understand how the effective deployment of advanced technologies such as Microsoft Dynamics AX and Microsoft Dynamics CRM 2011 can play a key role in enabling effective account and contract management - not only driving cost savings into the business, but also delivering added value services to clients."
Ends
For further information please contact: Maxima Holdings plc
About Maxima:
Maxima (AIM:MXM) is a leading provider of IT business systems and managed services, helping over 1,000 organisations across the UK, Ireland and the USA to increase their productivity, reduce their business costs and streamline their processes. The company's Business Solutions and Managed Services, Infrastructure and Applications (MSIA) operations support all aspects of cloud computing delivery, including Infrastructure as a Service, Platform as a Service and Software as a Service capabilities. Core Maxima solutions and services include virtualisation, web connectivity, infrastructure management, IT managed services provision, business intelligence, and comprehensive Microsoft Dynamics AX ERP and CRM business solutions. For more information, please visit www.maxima.co.uk.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 07-11-11 | RNS |
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RNS Number : 5985R Maxima Holdings PLC 07 November 2011
Annex Notification Of Major Interests In Shares
This information is provided by RNS The company news service from the London Stock Exchange More |
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Useless, both of them. Let's hope Ian Smith can sort out this company, otherwise it's heading for 0p per share. Luckily he's not from Netstore also, else we're doomed.
http://www.channelweb.co.uk/crn-uk/news/2118474/smith-seizes-minority-stake-maxima I won't hold my breath though of any amazing turnaround, but good luck Ian Smith anyway, do the shareholders proud where others failed miserably over the past few years. It could have been a good company if not so poorly led. CB |
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| 12-08-11 | ||||
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Spikey - are you a holder?
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| 11-08-11 | ||||
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http://www.equitydevelopment.co.uk/login
Maxima Holdings(MXM): Final Results Analyst:Denis Gross Published on 11/08/11 Here is our latest analyst report on Maxima Holdings: The second half of the year saw delays for Maxima Holdings and, in some cases, cancellations, of sales that led in April 2011 to a downward revision of its guidance for the year to 31 May 2011. Significantly, the Growth Engines have performed well, accounting for 30% of business revenues in 2011 (19% in 2010). However, attrition in the other areas of the business of around 23% more than offset this. A Strategic review has been implemented to achieve more fundamental change in the company to support the growth strategy, new strategic relationships and the sale of part or all of the company. Several opportunities are currently being considered, including preliminary discussions with a potential offeror. Download full report click here Symbol/Epic MXM Listing AIM Sector Technology Price 19.5p Market Capitalisation £4.93m If you would like any further information either on this company or any other companies we cover please contact us on: Tel - 020 7065 2690 Email - info@equitydevelopment.co.uk. Website - www.equitydevelopment.co.uk |
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