InterQuest to acquire remaining RDW shares

InterQuest Group has served notice exercising its call option to acquire the remaining shares in RDW-RD Limited.

Completion of the acquisition of the remaining RDW shares is expected to take place on 20 October.

On completion of the acquisition, a total of 205,333 shares in InterQuest will be issued to satisfy the remaining share-based consideration of RDW. Application will be made for the 205,333 new ordinary shares to be admitted to trading on AIM and it is expected that admission will take place on 21 October 2016.