19 September 2008

Maxima Holdings plc (the "Company")

Maxima Holdings plc announces that on 19th September 2008 the Remuneration Committee has granted the following conditional nil cost share awards to Directors under the Maxima Holdings PLC Long-Term Incentive Plan (the "LTIP") approved by shareholders on 19th September 2008.

In accordance with the rules of the LTIP, LTIP awards were granted on 19th September 2008 at a price of £1.84 per ordinary share (the closing share price on 18th September 2008) as follows:

Name - Number of Ordinary Shares subject to the LTIP Award

Kelvin Harrison - 108,695
John Taylor - 76,086
Boris Huard - 130,434

Pursuant to the LTIP award to Boris Huard the 310,000 options granted to him on 8th November 2007 at an exercise price of £3.035 have been cancelled.

The shares subject to the LTIP awards will be released and become exercisable in three years time subject to continued employment and the satisfaction of performance criteria.

50% of an LTIP Award will be subject to Comparative Total Shareholder Return ("TSR") against a Comparator Group of Companies, with 30% of the shares released if the Company's TSR performance is at the median of the Comparator Group and 100% of the shares released if the Company's TSR performance is in the upper quartile.

The other 50% of an LTIP Award will be subject to the Company's average annual growth in Earnings per Share ("EPS"), with 30% of the shares released if the average annual EPS growth is above RPI +10% and 100% of the shares are released if the average annual EPS growth is RPI +16%.

 

19 September 2008

Maxima Holdings plc ("Maxima" or the "Company")

The Annual General Meeting of Maxima Holdings plc ('Maxima'), the AIM listed  provider of software and IT solutions, was held today. All the resolutions contained within the Notice of the Meeting were duly passed. 

For further information please contact: 

Maxima
Kelvin Harrison, Chief Executive - 01242 211 211
John Taylor, Group Finance Director - 0142 880 1000

Cenkos
Stephen Keys - 020 7397 8926

Smithfield
Reg Hoare / Katie Hunt - 020 7903 0603

19 September 2008

Maxima Holdings plc ("Maxima" or the "Company")

At the Annual General Meeting of Maxima Holdings plc to be held at the Company's offices at 24 Chiswell Street, London EC1Y 4TY at 9AM this morning, the Chairman Mike Brooke will update shareholders on trading saying that:

"Trading remains robust, with order intake more than 50% up on the same period last financial year, and consistent with market forecasts for the full year.  Maxima's financial position also remains robust with good cash flows and net debt reducing in line with the Board's expectations.

"Integration of DXI Communication Ltd (which was purchased in July 2008) with our existing infrastructure managed service businesses is progressing well.  

"I am also pleased to report that our enterprise software solution for the construction and facilities management sector, based upon Microsoft's flagship Dynamics AX technology, which was formerly launched in July has now passed independent accreditation tests for Microsoft certification.  Maxima intends to issue a trading update for its half year ending 30 November 2008 in December and will issue its interim results in February 2009."

For further information please contact: 

Maxima
Kelvin Harrison, Chief Executive - 01242 211 211
John Taylor, Group Finance Director - 0142 880 1000

Cenkos
Stephen Keys - 020 7397 8926

Smithfield
Reg Hoare / Katie Hunt - 020 7903 0603

11 September 2008

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Maxima Holdings Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (   X  )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (    )
An event changing the breakdown of voting rights: (     )
Other (please specify) : (   )

3. Full name of person(s) subject to notification obligation: Octopus Investments Nominees Limited

4. Full name of shareholder(s) (if different from 3) :

5. Date of transaction (and date on which the threshold is crossed or reached if different): 02/09/2008

6. Date on which issuer notified: 10/09/2008

7. Threshold(s) that is/are crossed or reached: 5%

8. Notified Details:

Nominee holdings

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
	Number of shares 1,158,700	Number of voting rights 4.63%

 

	Resulting situation after the triggering transaction
Class/type of shares if possible use ISIN CODE	Number of shares	Number of voting rights		% of voting rights
		Direct	Indirect	Direct	Indirect
GB00B034R743		1,452,940		5.81%

B: Financial Instruments
Resulting situation after the triggering transaction

Type of Financial instrument	Expiration date	Exercise/ Conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/ converted)	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
1,452,940	5.81%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : N/A

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name: Stephen Henderson

15. Contact telephone number: 020 7776 8664

For notes on how to complete form TR-1 please see the FSA website.

Towergate strengthens their e-commerce trading platform with a 3 year £500,000 E-commerce, Hosting and Server Management contract from Maxima. 

Towergate Partnership Ltd has further strengthened its e-commerce trading platform and position as a market leader with a new 3 year contract for E-commerce Hosting and Server Management services from Maxima.

Centralising all e-commerce activities into one scalable platform allows Towergate to provide a quick and efficient trading experience for clients whilst allowing for sustained organic growth without loss of performance. It continues Towergate's strategy of driving innovation within the UK insurance marketplace.

Towergate and Maxima have developed a trusted partner relationship over the last 5 years, supported by 24x7 service level agreements and guarantees.

Fraser Fisher, Managed Services Director of Maxima said: "We are delighted to have won this contract with Towergate, strengthening the relationship between our organisations. The recent acquisition of DXI Networks has added breadth and depth to our hosting and server management offering, supporting our position as a key player in the marketplace."

Mike Newman, Towergate's IT Director added: "Our investment in the e-commerce trading environment strongly underpins Towergate's innovation and versatility in high performance e-commerce trading within the Insurance sector. Maxima has proven their capability and experience and I look forward to our continued working relationship."

Editor's Notes
About Towergate Partnership

Towergate Partnership is Europe's largest independently owned insurance intermediary controlling more than £1.5bn of gross written premium (latest accounts).

Towergate was established in 1997 to provide insurance in niche markets ranging from holiday homes to cherished cars. Having expanded and broadened their products range to over 200 - the widest range of specialist and traditional products in the UK market.

With over 3,500 committed staff operating out of 100 UK offices. Towergate's reputation for innovation, progression and dynamism is backed up by recognition from the Sunday Times as a Profit Track 100 company.  In 2008 Towergate was voted Private Company of the Year by ACQ Magazine and Management Team of the Year by the Sunday Times Fast Track.

12 August 2008

Maxima Holdings plc ("Maxima" or the "Company")

Maxima Holdings plc, (AIM: MXM.L) the AIM listed provider of integrated IT solutions and managed services, today announces its preliminary results for the year ended 31 May 2008.

Financial Highlights

• Revenues up 47% to £46.7m (2007: £31.8m)
• Operating profit* up 54% to £9.7m (2007: £6.3m), giving an operating margin of 20.7% (2007: 19.7%)
• Profit before tax up 24% to £5.2m (2007: £4.2m)
• Net debt at 31 May 2008 of £8.5m, after net cash outflows on acquisitions of £6.1m
• Adjusted earnings per share* of 26.3p (2007: 25.9p)
• Final dividend of 3.6p per share proposed, making a total of 5.6p for the year (2007: 5.2p), up 8% * before exceptional items, share based payments and amortisation of intangibles

Operational Highlights

• Acquisitions of:
  - Centric Networks Ltd (Infrastructure Managed Services)
  - Eclectic Group (Business Intelligence and Corporate Performance Management)
  - After year end, DXI Networks Ltd, a very similar business to Centric
• 76 new clients won, spread broadly across the business and by industry sector
• 40 sales achieved of a new Microsoft Dynamics AX based solution for the construction and facilities management sector
• Senior management team strengthened:
  - Appointment in October 2007 of Boris Huard as Chief Operations Officer
  - After the year end, in July 2008 John Taylor was appointed as Group Finance Director

Chief Executive, Kelvin Harrison commented
"Trading continues to be robust with the early months of the current financial year being ahead of the same period last year, despite the slowing economy. We continue to be confident that our high levels of recurring revenues from our large, diverse and stable client base, predominantly in the mid-market, will provide a foundation for continued growth and that we will accrue the expected benefits from recent acquisitions during the year.We continue to find good value opportunities for further acquisitions; we will pursue these selectively and would expect to finance them through a combination of operating cash flows and prudent use of bank facilities."

Click here for full press release PDF - 126Kb

An analyst presentation will be held at 9:30 this morning at the offices of Smithfield Consultants, 10 Aldersgate Street, London EC1A 4HJ.

Images in high and low resolution of Kelvin Harrison, Chief Executive, Maxima Holdings plc are available at www.fovea.tv or call 020 7089 2627.

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
John Taylor, Group Finance Director - 0141 880 1000

Cenkos
Stephen Keys - 020 7397 8926

Smithfield
Reg Hoare / Katie Hunt / Will Henderson - 020 7360 490

23 July 2008 

Maxima Holdings plc ("Maxima" or the "Company")

The Company announces that on 13 May 2008 Boris Huard, Chief Operations Officer, increased his shareholding by 296 to 54,896 ordinary 1p shares (representing 0.22% of shares in issue), consisting of shares allocated as part of the Company's Dividend Reinvestment Plan, at a price of 133p.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211 211
John Taylor, Group Finance Director - 0141 880 1000

Cenkos
Stephen Keys/Adrian Hargrave - 020 7397 8900

Smithfield
Reg Hoare / Will Henderson - 020 7360 4900

3rd July 2008

Maxima Holdings plc ("Maxima" or the "Company") 

Maxima Holdings plc, (AIM: MXM), the integrated IT solutions and managed services company, today confirms it has completed the acquisition of DXI Networks Ltd, which was announced on 30 June 2008. This included finalisation and signature of legal documentation to increase Maxima's existing bank facilities.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
John Taylor, Chief Financial Officer - 0141 880 1000

Cenkos
Stephen Keys/Adrian Hargrave - 020 7397 8900

Smithfield
Katie Hunt/Reg Hoare -  020 7360 4900

30th June 2008

Maxima Holdings plc ("Maxima" or the "Company") 
Acquisition of DXI Networks Ltd ("DXI") 

Maxima Holdings plc (AIM:MXM), the integrated IT solutions and managed services provider, is pleased to announce that it has agreed to acquire DXI Networks Ltd. 

Highlights:

• Acquisition of DXI for a net consideration of not more than £8.5m, payable in cash on completion, which is expected to be in early July.  The acquisition will be financed from a proposed increase of existing facilities with Barclays Bank plc.
• The acquisition fits well with Maxima's existing infrastructure managed services business and will add breadth and scale, as well as creating cost synergies.
• The Board anticipates that the acquisition will be earnings enhancing in the company's financial year ending 31 May 2009 (see note 1).
• The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector.

DXI is a provider of converged Information and Communications Technology (ICT) services to business customers in the UK.  DXI provides 24x7 fully managed IT infrastructure and communications solutions, including the design, deployment and management of complex converged networks, server hosting, internet, network security, VOIP (Voice Over Internet Protocol) and other telecommunications services.  DXI is based in London where it has some 50 staff and its own data-centre.  In addition it has some 30 staff in Hyderabad, India, providing technical and administrative support. Its customers include Berkeley Group plc, Inchcape Retail Ltd, Transport for London and the FA Premier League.

In the financial year ended 31 March 2008 DXI generated revenues of £14.1m, EBITA of £1.25m and profit before tax of £0.8m.  As at 31 March 2008 DXI had net assets of £1.3m. The gross consideration payable is £9.1m and at completion DXI is expected to have cash balances of at least £0.65m.  DXI is a very similar business to Centric Networks Ltd, which has performed strongly since its acquisition by Maxima in July 2007.  Integration with Maxima's existing infrastructure managed service business is expected to yield significant cost savings.

Completion is subject to satisfaction of customary conditions precedent and to finalisation and signature of legal documentation to  increase Maxima's existing bank facilities.  Of the net consideration of £8.5m, £2.3m will be used to repay DXI's bank loans and £0.85m will be held in an escrow account for 2 years, and will be available in the first resort for settlement of any warranty or indemnity claims.

The acquisition of DXI continues Maxima's successful strategy of building a focused IT solutions and managed services group through value enhancing acquisitions and organic growth.  Maxima's acquisitions underpin the group's business model of generating high margins from recurring revenues with strong cash generation.  As Maxima builds scale in the fragmented IT markets in which it operates, acquired businesses will increasingly generate synergies and cross-selling opportunities for the Maxima group.

Note 1: The statement that the acquisition is expected to be earnings enhancing in the year ending May 2009 relates to future actions and circumstances, which, by their nature, involve risks, uncertainties and other factors.  This statement does not constitute a profit forecast and should not be interpreted to mean that earnings for any future period would necessarily match or be greater or less than those for any preceding financial period. Earnings in this context represent net after tax earnings [on an IFRS basis], excluding the amortisation of intangible assets and any exceptional items.

Kelvin Harrison, Maxima's Chief Executive said:
"I am delighted to welcome the DXI team into the Maxima Group.  Their deep skills will reinforce our end-to-end ICT (Information and Communications Technology) managed service capabilities.  In addition their long term customer relationships and high levels of recurring revenues will reinforce Maxima's financial strength."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive Officer - 01242 211 211

Cenkos
Stephen Keys/Adrian Hargrave - 020 7397 8900

Smithfield
Katie Hunt/Reg Hoare - 020 7360 4900

25th June 2008

Maxima Holdings plc (AIM:MXM), the integrated IT solutions and managed services provider, is pleased to announce that John Taylor will join the board as Group Finance Director on 1 July 2008.  This appointment reflects our succession planning for Linda Andrews, who will be resigning from the board on health grounds on the same date. Linda will remain with the business as Corporate Finance Director on a part-time basis.  

John (47) was previously Finance Director of Alfred McAlpine Business Services, the support services business of Alfred McAlpine PLC ("McAlpine"). This business provided outsourced facilities management, IT consultancy and managed services, consultancy and asset management services to a range of blue chip clients. It was the largest contributor to the group results reporting strong revenue and profits growth in the in the three years prior to McAlpine's acquisition by Carillion plc.

John is a Scottish Chartered Accountant who qualified with Deloitte and then worked for 7 years for Bank of Scotland in structured finance, leading numerous private equity transactions for the bank. He then moved into industry and held CFO positions in the UK and the USA, one of which was a communications services business, before returning to join Alfred McAlpine. John has experience of leading several major enterprise software implementation projects. He also has a degree in Law.

Kelvin Harrison, Maxima's Chief Executive said: 

"Maxima aspires to be a £100million+ enterprise and I very much look forward to working with John, who brings first-hand relevant experience of operational and corporate finance at that level.

On behalf of the Board, I would also like to thank Linda for her support and tremendous contribution to the development of the business in its formative years. We are delighted that she will be remaining with us as Corporate Finance Director."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211

Cenkos
Stephen Keys/Adrian Hargrave - 020 7397 8900

Smithfield
Katie Hunt/Will Henderson/Reg Hoare - 020 7360 4900

18 June 2007

Maxima Holdings plc ("Maxima" or the "Company") 

Maxima Holdings plc (AIM:MXM), the integrated IT solutions and managed services provider, is pleased to give an update on trading for its financial year ended 31 May 2008. 

The Board is pleased to confirm that trading remains robust and expects profit before tax, amortisation of intangibles, exceptional items and share based payments to be in line with market expectations.   Net debt at 31 May 2008 was £8.5m.  Operating margin is expected to show a further improvement upon the prior year.

In total 76 new customers were won during the year, spread broadly across the business.

Our Microsoft Dynamics AX enterprise software solution for the construction and facilities management sector, first announced last year, has now achieved more than 40 orders.  We will continue this investment in the new financial year, further developing our offerings and skills in Microsoft Dynamics AX, SharePoint and infrastructure.

In April we negotiated a three year extension to one of our largest Application Management contracts with a major food manufacturer worth some £2.0m p.a. 

In line with its declared strategy the Company made two acquisitions during the year. Centric Networks Ltd, a provider of infrastructure software managed services was acquired in July 2007. The trade and assets of Eclectic Group Ltd which provides software, support, consultancy and training in the areas of Corporate Performance Management and Business Intelligence was acquired in January 2008. Both businesses have been integrated and have performed well, benefiting from cross-selling opportunities within the Maxima group.

Maxima will announce Preliminary Results for the full year, together with details of the proposed final dividend, on 12 August 2008.

Kelvin Harrison, Maxima's Chief Executive said: 

"Maxima continues to be highly profitable with strong operating margins, despite a more challenging trading environment.  As well as continuing to strengthen the business with well-fitting acquisitions, we continue to invest in management and sales personnel in order to reinforce organic growth."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Cenkos
Stephen Keys/Adrian Hargrave - 020 7397 8900

Smithfield
Katie Hunt/Reg Hoare - 020 7360 4900

06 June 2008

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Maxima Holdings Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: (   X  )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (    )
An event changing the breakdown of voting rights: (     )
Other (please specify) : (   )
Initial notification after acquisition of Resolution PLC by Pearl Group

3. Full name of person(s) subject to notification obligation: Octopus Investments Nominees Limited

4. Full name of shareholder(s) (if different from 3) :

5. Date of transaction (and date on which the threshold is crossed or reached if different): 04/06/2008

6. Date on which issuer notified: 05/06/2008

7. Threshold(s) that is/are crossed or reached: 4%

8. Notified Details: Nominee holdings

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
	Number of shares	Number of voting rights

 

 

	Resulting situation after the triggering transaction
Class/type of shares if possible use ISIN CODE	Number of shares	Number of voting rights		% of voting rights
		Direct	Indirect	Direct	Indirect
GB00B034R743			1,158,700		4.63%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Financial instrument	Expiration date	Exercise/ Conversion period/date	No. of voting rights that may be acquired (if theinstrument exercised/converted)	% ofvoting rights

Total (A+B)

Number of voting rights	% of voting rights
1,158,700	4.63%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :

Pearl Group Limited
Impala Holdings Limited
Resolution PLC
Resolution Asset Management Limited
Resolution Investment Services Limited (indirect)
Vidacos Nominees Ltd (1,158,700 4.63%)

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information: Percentage calculation based on Issued Share Capital of 25,010,000

14. Contact name: Deborah A. Wagner

15. Contact telephone number: 0141 222 8000

20 May 2008

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Maxima Holdings Plc

2. Reason for the notification 

(please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: (   X  )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (    )

An event changing the breakdown of voting rights: (     )

Other (please specify) : (   )

3. Full name of person(s) subject to notification obligation: Octopus Asset Management Nominees Limited

4. Full name of shareholder(s) (if different from 3) :

5. Date of transaction (and date on which the threshold is crossed or reached if different): 28/04/2008

6. Date on which issuer notified: 20/05/2008

7. Threshold(s) that is/are crossed or reached: 3%

8. Notified Details:

Nominee holdings

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
	Number of shares	Number of voting rights
GB00B034R743	736,600	736,600

 

	Resulting situation after the triggering transaction
Class/type of shares if possible use ISIN CODE	Number of shares	Number of voting rights		% of voting rights
		Direct	Indirect	Direct	Indirect
GB00B034R743		786,600		3.15%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Financial instrument	Expiration date	Exercise/ Conversion  period/date	No. of voting rights that may be acquired (if the instrument exercised/ converted)	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
786,600	3.15%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : n/a

Proxy Voting:

10. Name of proxy holder: n/a

11. Number of voting rights proxy holder will cease to hold: n/a

12. Date on which proxy holder will cease to hold voting rights: n/a

13. Additional information:

14. Contact name: Stephen Henderson 

15. Contact telephone number: 020 7776 8664

For notes on how to complete form TR-1 please see the FSA website.

07 April 2008

Maxima Holdings PLC ("Maxima" or the "Company")

"The board of Maxima Holdings plc (AIM: MXM.L) announces that on 4 April 2008 Kelvin Harrison, Chief Executive,  exercised options over 90,000 ordinary 1p shares in the Company at an exercise price of £1.10 under the Company's approved EMI Share Option Scheme.  This exercise was carried out for tax purposes and Mr Harrison does not plan to sell  the shares.  The transaction has no impact on Mr Harrison's beneficial ownership of the shares.  Application has been  made for the new shares to be admitted to AIM and admission is expected to take place on 11 April 2008.  Following  admission the Company will have an issued share capital of 25,009,695 ordinary 1p shares. Following the exercise Mr Harrison holds 3,690,029 ordinary shares in the Company representing 14.75% of the issued share capital and 325,000 unapproved options which have an exercise price of £1.10."

25 March 2008

Maxima Holdings plc ("Maxima" or the "Company")

Maxima Holdings plc has issued 1,666 shares as a result of the exercise of options under the SAYE scheme. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 31 March 2008. Following admission the Company has an issued share capital of 24,919,695.

Maxima Holdings PLC
15 February 2008

TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying                Maxima Holdings Plc
issuer of existing shares to which voting rights
are attached:

2. Reason for the notification (please tick the appropriate box or boxes)                                                                 

An acquisition or disposal of voting rights                                 X
                          
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights
                           
Other (please specify):___________________________________________
                           
3. Full name of person(s) subject to the  notification obligation: Herald Investment Management Limited

4. Full name of shareholder(s) (if different from 3.): Bank of New York (OCS) Nominees Ltd on behalf of Herald Investment Trust Plc
                                 
5. Date of the transaction (and date on which the threshold is crossed or reached if  different): 13 February 2008
         
6. Date on which issuer notified: 15 February 2008

7. Threshold(s) that is/are crossed or reached: 5%

8. Notified details:

A: Voting rights attached to shares

Class/type of  Situation previous to   Resulting situation after the triggering
shares           the Triggering             transaction
                     transaction
if possible
using the ISIN No. of       No. of      No. of    No. of voting   % of voting
CODE             Shares      Voting      shares   rights             rights
                                    Rights      Indirect  Direct Indirect  Direct   Indirect
                                            
GB00B034R743   1,112,000   1,112,000   1,612,000         1,612,000    6.47%
                             (4.46%)                     (6.47%)
                  
B: Financial Instruments

Resulting situation after the triggering transaction
Type of      Expiration Exercise/      Number of voting rights that may  % of
financial    date       Conversion     be acquired if the instrument is    voting
instrument              Period/ Date   exercised/ converted.                  rights
                      
None                                                                                             Nil

Total (A+B)

Number of voting rights                      % of voting rights

1,612,000                                    6.47%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Herald Investment Management Limited, a discretionary investment manager, is the parent undertaking of an investment management business.

Shareholder: Herald Investment Trust
(in the name of Bank of New York (OCS    1,612,000                         6.47%
Nominees Limited))
                                                  
                 

Total for funds under management of
Herald Investment Management Limited     1,612,000                         6.47%
                 
Proxy Voting:

10. Name of the proxy holder:                                                      N/A

11. Number of voting rights proxy holder will cease to hold:              N/A

12. Date on which proxy holder will cease to hold voting rights:          N/A

13. Additional information:

14. Contact name: Andrew Miller

15. Contact telephone number: 020 7553 6308

Annex Notification Of Major Interests In Shares

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)  
Herald Investment Management Limited

                                                     
Contact address (registered office for legal entities):
10/11 Charterhouse Square London EC1M 6EE

                                                                                                 
Phone number - 020 7553 6308
Other useful information (at least legal representative for legal persons) - Andrew Miller


B: Identity of the notifier, if applicable

Full name - See Above

Contact address

Phone number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

In accordance with the FSA's LIST Issue 14 Paragraph 3.13 we have used the company's last notification of the total number of voting rights in issue (24,918,029) made on 23 Oct 07 through RNS number 1824G to calculate the percentage of voting rights after the triggering transaction.

5th February 2008
Maxima Holdings Plc ("Maxima" or the "Company")

The Company has been informed that certain Directors have today purchased ordinary shares in the Company as follows:

Director	No. of Shares	Price	No. of shares held following the transaction (% ISC)
Mike Brooke	10,000	144.5p	32,703 (0.13%)
Kelvin Harrison	34,600	144.5p	3,600,029 (14.45%)
Boris Huard	34,600	144.5p	54,600 (0.22%)
Linda Andrews	3,460	144.5p	593,864 (2.38%)
Mark Morris	6,920	144.5p	15,585 (0.06%)

Tuesday 5 February 2008
Maxima Holdings plc (‘Maxima' or the ‘Company')

Maxima Holdings plc (AIM:MXM), the acquisitive IT solutions and managed services group, is pleased to announce its unaudited interim results for the six months ended 30 November 2007.

Financial Highlights:

• Revenue up 62% to £21.1 million (H1 2007: £13.0 million)
• Recurring revenues represent 56% of total revenues
• Operating profit* up 74% to £4.0million (H1 2007 £2.3million)
• Profit before tax up 43% to £2.0 million (H1 2007 £1.4 million)
• Adjusted*, fully diluted earnings per share up 16% to 10.2p (H1 2007: 8.8p)
• Dividend of 2.0p per share (H1 2007: 1.8p) - in line with progressive dividend policy

*pre-amortisation of intangibles, share based payments and exceptional charges

Operational Highlights:

• Appointment of Chief Operations Officer, Boris Huard
• 35 new clients won during the period, across all business areas
• Good progress on our Microsoft Dynamics AX solution for the construction and facilities management sector with 8 sales to date
• Acquisition in July 2007 of Centric Networks Ltd, Infrastructure Managed Services provider for £6.4million (gross maximum)

Commenting on the results, Mike Brooke, Chairman, said: "The business has always exhibited seasonality, resulting in a stronger second half. This trend continues and our second half will also benefit from contributions from the acquisitions made in July and December 2007. As announced in the trading update issued on 28 January 2008, we have experienced an increased level of caution in our markets, however we continue to win new business across the group. We are confident that the diversity and spread of our offerings and client base, together with our strong operational management and sales organisation, position us well. Our high level of cash conversion and recurring revenues also give us the robust financial foundations from which to achieve our objectives for the future."

Click Here to download the Interim Results

Enquiries:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Cenkos Securities plc
Stephen Keys - 020 7397 8900

Smithfield
Tania Wild/Reg Hoare - 020 7360 4900

28 January 2008
Maxima Holdings plc ("Maxima" or the "Company") 

Maxima Holdings plc, (AIM: MXM), the integrated IT solutions and managed services company, today confirms that it will publish Interim Results for the first half year ending 30 November 2007 on Tuesday 5 February 2008.

Trading in the first half year was solid and results are expected to be well ahead of the first half of the prior year, in terms of revenues, profits and earnings per share. Towards the end of the period, however, several major work packages with a large client were terminated prematurely as a result of a vendor consolidation exercise. This resulted in the work transferring to a tier 1 Global IT Services player. Various actions were taken to mitigate this loss of business and which were expected to minimise the impact on Maxima's full year result. Certain business, however, expected to be won during the second half year as a result of these actions, and in some other areas of the business, is experiencing client delays, not helped by broader current market uncertainties. As a consequence, Maxima now expects results for the full year to be below market expectations, although still showing growth in revenues, profits and earnings per share.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

07 January 2008

Maxima Holdings plc ("Maxima" or the "Company")

Maxima Holdings plc, (AIM: MXM), the integrated IT solutions and managed services company, today confirms it has completed the acquisition of the trade and assets of Eclectic Group Limited, a subsidiary of Glen Group plc (AIM: GLN), which was announced on 19 December 2007.

The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector and is anticipated to be earnings enhancing in the year ending 31 May 2009.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

19th December 2007  

Maxima Holdings plc, (AIM: MXM), the integrated IT solutions and managed services company, is pleased to announce the proposed acquisition of the trade and assets of Eclectic Group Limited ("Eclectic") a subsidiary of Glen Group plc. (AIM: GLN)

Acquisition Highlights:

• Total consideration of up to £3.0m payable in cash, expected to be financed from Maxima's operational cash flows and existing facilities with Barclays Bank plc.
• The transaction is subject to approval of shareholders of Glen Group plc in a general meeting to be held on 4 January 2008.
• The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector.
• The Board anticipates that it will be earnings enhancing in the Company's financial year ending 31 May 2009.

Eclectic supplies software, consultancy, support and training in the areas of Business Intelligence and Corporate Performance Management (CPM). It has three practices, operating in partnership with Business Objects (Platinum Partner), Oracle (Certified Advantage Partner) and Microsoft (Gold Partner). CPM systems help organisations improve performance through effective information reporting and analysis. By providing accurate and consistent views of performance relating to employees, products, services and customers, these systems empower people to make better and more informed decisions about their business. Eclectic has a broad client base including, Scottish Power, Costa Coffee, First Milk, Herbert Smith, National Australia Group, the Foreign & Commonwealth Office and University College, London.

Eclectic has some 60 staff that will transfer to Maxima with the trade and assets under TUPE legislation.  All the senior management team of Eclectic are committed to join Maxima. Eclectic is based in Glasgow with a subsidiary office in Reading; it is proposed that these will be largely consolidated into Maxima's existing offices.

In the 14 month period ended 30 September 2006, Eclectic generated revenues of £5.03 million and reported an operating profit adjusted for intra-group charges of £0.35 million.  In August 2007 Eclectic acquired and has subsequently integrated I G Software Ltd which traded as inGroup; in the 12 month period ended 31 December 2006 inGroup generated revenues of £1.45 million and made an operating loss of £0.1 million.

The consideration of up to £3.0 million will be satisfied by a cash payment of £2.25 million at completion.  A second payment of not more than £0.75 million will be made on 17 March 2008, having made adjustments for deferred income, pre-payments and costs accrued prior to transfer of the trade and assets.

Commenting on the acquisition, Kelvin Harrison, Chief Executive said:

"I very much look forward to the Eclectic team joining Maxima.  Maxima has for many years had a business intelligence capability.  This acquisition will transform us into leaders in the field of Corporate Performance Management, greatly increasing the strength of our offering to our enterprise software clients."

John Nicoll, Managing Director of Eclectic, added:

"There is a strong cultural fit between Eclectic and Maxima.  Joining the Maxima group provides us with greater momentum in targeting larger business opportunities and the ability to offer our specialist Corporate Performance Management skills and services to Maxima's substantial client base."

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

16 November 2007

The Company has been notified that on 15 November 2007 the following transactions occurred:

i)  Boris Huard, Chief Operations Officer purchased 20,000 ordinary 1p shares at 288.5p per share.

ii) Mark Morris, Non-executive Director purchased 8,665 ordinary 1p shares at 288.5p per share.

iii)Kelvin Harrison, Chief Executive sold 20,000 ordinary 1p shares at 288.5p per share.

iv) Linda Andrews, Finance Director sold 8,665 ordinary 1p shares at 288.5p per share.

Following these transactions, these director's holdings are as follows:

Director      Interest in Ordinary Shares       Total Holding as a percentage of issued share capital
                                        

Boris Huard                 20,000                        0.08%
Mark Morris                   8,665                        0.03%
Kelvin Harrison       3,565,429                        14.31%
Linda Andrews          590,404                         2.37%


The total number of shares (4,207,201) held by members of the board remains unchanged as a result of these transactions, representing 16.88% of the issued shared capital.

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Cenkos - Nominated Advisor to the Company
Stephen Keys - 020 7397 8900

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

12 November 2007

Maxima Holdings plc ("Maxima" or the "Company")

Maxima, the integrated IT Solutions and Managed Services company, announces the grant of options over 310,000 ordinary 1p shares to Boris Huard who recently joined as Chief Operations Officer. The options may normally be exercised between 3 and 10 years after grant, providing that certain performance criteria have been met. The exercise price is 303.5p, the closing mid-market price on the day of grant. This award falls within ABI guidance for share-based incentive schemes.

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Cenkos - Nominated Advisor to the Company
Stephen Keys - 020 7397 8900

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

07 November 2007

Maxima Holdings plc (the "Company")

The Company has published its Annual Report and Accounts for the year ended 31 May 2007 and has distributed these to shareholders.  The document can be viewed on the Company's website: http://www.maxima.co.uk/

19 October 2007

Maxima is today hosting a site visit for investors and analysts at their offices in Cheltenham. Case studies will be presented of the activities in both the Maxima Solutions and the Managed Services divisions, as well as an illustration of Maxima's approach to the integration of acquisitions. No material new information will be disclosed in the presentations. At the same time, Maxima today announces the following update on current trading:

Maxima is pleased to report that since the start of its financial year on 1 June 2007 it has won a total of 39 new clients broadly spread across the different business areas. Cross-selling is steadily increasing as the acquisitions become fully integrated within Maxima. Further to this, significant additional business and substantial numbers of managed service and support contracts have been renewed from Maxima's existing client base.  This includes the sale of four of its new IT solutions for the construction sector based upon Microsoft Dynamics AX which was announced in April this year.

The Company is also pleased to announce the successful completion of two important projects.  Firstly, the go-live after a four month accelerated implementation and full validation of the manufacturing solution for a leading pharmaceutical company, based upon QAD applications software.  Secondly, the successful upgrade to Oracle R12 of the systems of a major insurance company, one of the first such upgrades to be carried out in the UK.

Overall trading remains in line with expectations.

Kelvin Harrison, Maxima's Chief Executive said: "It has been a good start to the year for Maxima as we continue to extend our existing client relationships and grow the pool of new customers in our core sectors.  We are now able to offer our clients full end-to-end applications and infrastructure software solutions and managed services which we continue to develop. We will report our interim results for the six months ending 30 November 2007 in early February 2008."

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Cenkos - Nominated Advisor to the Company                 
Stephen Keys - 020 7397 8900

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

18 October 2007

Maxima Holdings plc (AIM:MXM), the acquisitive IT Solutions and Managed Service Company, is pleased to announce that it has been awarded a £3.5 million, three year managed services contract from Towergate Partnership Ltd. The contract is to provide Incident, Infrastructure and Problem Management services to over 100 offices and 3,500 staff within Towergate, the largest independently owned insurance intermediary in Europe. Towergate became a client of Maxima following the acquisition of Centric Networks in July 2007.

Kelvin Harrison, Chief Executive of Maxima said: "We are delighted to have extended the contract with Towergate, proving the value in our managed service offering, as well further strengthening the relationship between our two businesses. Revenues from this contract will help to underpin expectations for the current and next two financial years."

Mike Newman, Towergate's IT Director added: "It is an absolute must-have for insurance brokers to work with a first rate IT provider. I am very pleased with the service we have already received from Maxima. Their proven experience and capabilities with both Microsoft and Citrix made the decision to extend the contract easy for us and I look forward to our continued working relationship."

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Cenkos - Nominated Advisor to the Company
Stephen Keys - 020 7397 8926

Smithfield
Tania Wild / Reg Hoare - 020 7360 4900

10 October 2007  

Maxima Holdings plc, (AIM: MXM) the acquisitive IT Solutions and Managed Services Company is pleased to announce that Boris Huard (35) will join the Board of Maxima as Chief Operations Officer on 29 October 2007. 

Boris was previously Sector Director (Banking) with LogicaCMG, joining the group following its acquisition of Unilog s.a. in 2006.  Boris started at Unilog in 1998, and moved to the UK in 2001 upon Unilog's acquisition of the Technology Division of MarchFirst from the receivers. As Business Development Director and then Business Unit Director he restored the business to profitablity and grew it by acquisition and organic development.  At the time of the acquisition by Logica, the business unit he was managing was achieving 30% profit before tax. Unilog specialised in enterprise software integration, partnering with Microsoft, Oracle, SAP and Business Objects.

Boris has a Master's Degree from the Ecole Centrale de Marseille in Aerodynamics.  His career has included research, software engineering and system implementation, before moving into sales and general management.

Mr Huard holds no other directorships and holds no shares in Maxima Holdings plc.  There are no other details to be disclosed under Schedule 2(g) of the AIM rules.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild - 020 7360 4900

Cenkos - Nominated Advisor to the Company
Stephen Keys - 020 7397 8926

27 September 2007

Maxima Holdings plc ("Maxima")

Jeremy Prescott has retired from his position as Non-Executive Director of Maxima and Chairman of the audit committee. The board would like to thank Mr Prescott for his advice over the 3 years he has been a Non-Executive. Mark Morris will become Chairman of the Audit Committee.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild - 020 7360 4900

27 September 2007

Maxima Holdings plc ("Maxima")

The Annual General Meeting of Maxima Holdings plc ("Maxima"), the AIM listed provider of software and IT solutions, was held today. All the resolutions contained within the Notice of the Meeting were duly passed.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive - 01242 211211
Linda Andrews, Group Finance Director - 0141 880 1000

Smithfield
Tania Wild - 020 7360 4900


                     

18 September 2007
Maxima Holdings plc ("Maxima" or the "Company")

Maxima Holdings plc has issued 1,064 shares as a result of the exercise of options under the SAYE scheme. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 24 September 2007. Following admission the Company has an issued share capital of 24,916,869.

14 August 2007

Maxima Holdings plc ("Maxima" or the "Company")

Maxima Holdings plc, (AIM: MXM.L) the AIM listed provider of IT solutions and managed services, today announces its preliminary results for the year to 31 May 2007 which have come in slightly ahead of market expectations.

Financial Highlights

• Revenues up 66% to £31.8m (2006: £19.1m)
• Recurring revenues remain at 56% of turnover
• Operating profit* up 85% to £6.3m (2006: £3.4m), an operating margin of 19.7% (2006: 17.5%)
• Profit before tax* up 76% to £5.8m (2006: £3.3m)
• Statutory profit before tax up 62% to £4.2m (2006: £2.6m)
• Net debt at 31 May 2007 of £6.6m (2006: £3.1m), after net cash outflows on acquisitions of £15.2m. A placing of shares in May 2007 raised £11.5m net.
• Adjusted earnings per share* up 46% to 25.9p (2006: 17.8p)
• Final dividend up 36% to 3.4p (2006: 2.5p) per share proposed, making a total dividend of 5.2p for year (2006: 4.0p)

* before exceptional items, amortisation of intangibles and share based payments

Operational Highlights

• Four acquisitions made and successfully integrated
• Benefits of scale and cross selling now becoming evident
• Investment in developing a Microsoft Dynamics AX based solution for the construction sector
• Commencement of fully staffed 24x7 support and managed service operations
• Market conditions favourable and organic growth increasing

Chief Executive, Kelvin Harrison commented "Maxima has had an excellent year during which our corebusinesses have performed well whilst we made four further acquisitions. We now have a complete offering of application and infrastructure software solutions and managed services and provide our clients with a onestop - shop for all their IT needs.

The new financial year has got off to a good start with some important contract renewals and key new business wins including our first major Microsoft Dynamics AX project, as well as the acquisition of Centric Networks Ltd. Maxima is in an exciting phase of its development as we now build greater scale within our chosen markets."

Click here for full press release PDF - 90Kb

For further information please contact:

Maxima
Kelvin Harrison, Chief Executive Tel: 01242 211211
Linda Andrews, Group Finance Director Tel: 0141 880 1000

Cenkos
Stephen Keys Tel: 020 7397 8926

Smithfield
Tania Wild / Reg Hoare Tel: 020 7360 4900

07 August 2007

Maxima Holdings plc ("the Company")

Please be advised that the information relating to the Company which is required to be disclosed pursuant to AIM Rule 26 is available on http://www.maxima.co.uk./

 

20 July 2007

Acquisition of Centric Networks Ltd

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce the acquisition of Centric Networks Limited ("Centric") for a total consideration of up to £6.4m payable in cash and shares.

Centric provides managed services for infrastructure software to a broad range of clients in the mid-market.  The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services sector.  The Board anticipates that it will be earnings enhancing in the current financial year ending 31 May 2008.

Click here for full press release PDF - 116Kb

2 July 2007

Maxima Holdings plc ('Maxima' or the "Company"), the IT systems integration and managed services group, is pleased to announce the appointment of Mark Morris FCA (47) as a Non Executive Director of the Company with immediate effect.

Mark is a Chartered Accountant who worked in audit, business advisory and corporate finance with Price Waterhouse before joining Sytner Group, the UK's largest retailer of prestige cars operating from over 100 dealerships across the UK, as Finance Director in 1995. The Group grew rapidly, both organically and through acquisition, and was listed on the London Stock Exchange in 1997. Mark was subsequently appointed Managing Director and when he left in 2005 the Group had grown to EBITDA of £46 million on revenues of £1.6 billion (from c.£50 million in 1995).

Mark is currently a non-executive director of Christian Salvesen plc, LSL Property Services plc, and a number of private companies. There are no other details to disclose under schedule 2(g) of the AIM rules. Mr Morris has no interest in any shares in the Company.

Commenting on the appointment, Kelvin Harrison, Chief Executive said: "I am delighted to welcome Mark onto Maxima's board. His wealth of experience of finance, general management and M&A activities in high growth service businesses is directly relevant to Maxima."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive                         01242 211211
Linda Andrews, Group Finance Director              0141 880 1000

Smithfield
Tania Wild / Reg Hoare                                      020 7360 4900

13 June 2007

Maxima Holdings plc
("Maxima" or the "Company")

Maxima Holdings plc (AIM:MXM), the acquisitive IT solutions and managed services provider, announces an update on trading for its financial year ended 31 May 2007.

The Board is pleased to confirm that trading across both operating businesses of the Company (Solutions and Managed Services) has been solid and that it therefore expects revenues, profits and earnings per share to be in line with market expectations. Net debt at 31 May 2007 was £6.5 million.

In line with its declared strategy, Maxima successfully completed four acquisitions during the year. Two of these, Cognition Solutions Ltd and SevenThree Ltd are enterprise software solutions businesses with a focus on the construction sector. The other two, IIL (Intertech Solutions Ireland) Ltd and 3net Ltd are managed services businesses specialising in infrastructure software. These acquisitions have now been fully integrated, both at the front office in terms of integrated solutions and managed services to our clients and at the back office in terms of business processes and internal information systems.

In total seventy one new customers were won during the year, spread broadly across the different areas of the business. In particular Solutions won eleven new customers for SAP Business One and two for QAD Applications in the Healthcare and Automotive sectors where we have a strong track record; we also won the first contract for our newly launched construction industry software solution based upon Microsoft Dynamics AX. In Managed Services significant new business has been won, particularly as a result of our strong skills in Citrix and Oracle technologies.

Within our existing customer base, levels of contract renewals have been high and we are benefiting increasingly from cross-selling of the additional skills and services now available as a result of our acquisition strategy. For example, using the skills of SevenThree Limited acquired in March 2007, we have recently won a major contract for Microsoft CRM (Customer Relationship Management) software from a long-standing industrial client who uses QAD Applications ERP (Enterprise Resource Planning) software.

Notice of Results

Maxima will announce Preliminary Results for the full year, together with details of the proposed final dividend payment, on 14 August 2007.

Kelvin Harrison, Maxima's Chief Executive said: "It has been an exciting year for Maxima as we have acquired and carefully integrated four more excellent businesses. We are now able to offer our clients full end-to-end applications and infrastructure software solutions and managed services. It is also gratifying that the benefits of Maxima's acquisition strategy are now clearly visible in terms of consistent growth and improved profitability.

We have started the new financial year with a strong order book and continue to source attractive acquisition opportunities."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive                         01242 211 211
Linda Andrews, Group Finance Director                    0141 880 1000

Cenkos
Stephen Keys/Adrian Hargrave                             020 7397 8900

Smithfield
Tania Wild/Reg Hoare                                     020 7360 4900

29 May 2007

Maxima Holdings plc
("Maxima" or the "Company")

Maxima Holdings plc (AIM:MXM) was today informed that Liontrust Investment Services Limited ("Liontrust") has an interest in 1,846,550 ordinary shares in the Company which represents approximately 7.56% of the issued share capital of Maxima. 

 

Maxima Holdings PLC
24 May 2007

("Maxima" or the "Company")

Maxima Holdings plc (AIM:MXM) was today informed that Herald Investment Management Limited ("Herald") has an interest in 1,112,000 ordinary shares in the Company which represents approximately 4.55% of the issued share capital of 24,430,682 Maxima shares.

24 May 2007

Maxima Holdings plc ("Maxima" or the "Company")

Completion of Acquisition of 3net Limited ("3net")

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce that the acquisition of 3net Limited, conditionally announced on 1 May 2007 successfully completed today. 

Click here for full press release PDF - 97Kb

23 May 2007

Maxima Holdings plc ("Maxima" or the "Company")

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce that at the EGM today all the proposed resolutions were passed. 

For further information, please contact:

Maxima Kelvin Harrison, Chief Executive Linda Andrews, Group Finance Director	01242 211211 0141 880 1000
Cenkos Stephen Keys/Adrian Hargrave	020 7397 8900
Smithfield Tania Wild/Reg Hoare	020 7360 4900

04 May 2007

Maxima Holdings plc (the "Company")

The Company was informed today that Hargreave Hale Limited has an interest in 973,859 ordinary shares in the Company which represents approximately 5.25% of the issued share capital of the Company.

For further information, please contact:

Maxima Holdings plc

Kelvin Harrison, Chief Executive 01242 211 211
Linda Andrews, Group Finance Director 0141 880 1000

Smithfield
Reg Hoare / Sam Botterill 020 7360 4900

 

1 May 2007

Proposed Acquisition of 3net Limited, Placing of new ordinary shares to raise £11.5 million, Notice of EGM.

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce that it has conditionally agreed to acquire the entire share capital of 3net Limited ("3net").

Click here for full press release PDF - 111Kb

16 April 2007

Maxima Holdings Plc ("Maxima" or "the Company)

Maxima Holdings Plc (AIM:MXM), the acquisitive AIM listed IT systems integrator and managed services provider, today announces that it has signed an agreement with Microsoft to become a partner for Microsoft Dynamics AX (formerly Microsoft Axapta).

The agreement builds upon its existing partnership agreement for Microsoft Dynamics CRM, its recent acquisition of leading Microsoft CRM partner, SevenThree Limited, as well its status as a Microsoft Gold Certified Partner.

Microsoft will be working closely with Maxima in this new initiative to build a substantial business around Microsoft Dynamics AX - focusing initially on the Construction Industry.

Maxima has already enjoyed considerable success in this industry with its existing construction accounting and service management solution, Intellect, used by over 300 customers in the UK. Maxima will be extending the capabilities of Microsoft Dynamics AX with specific industry modules for the Construction Industry.

"Today's customers demand complete solutions that meet their organisation's unique needs," said Paul White, UK General Manager for Microsoft Business Solutions. "We're addressing that demand by combining vertical applications developed by companies such as Maxima with the core functionality and deep customisation options offered in Microsoft Dynamics AX."

Paul White continues, "Expanding the industry-specific functionality of all our business management products is key element of our competitive sales strategy worldwide. As one of the first partners in the UK to take this approach with Microsoft Dynamics AX, we will be supporting Maxima every step of the way."

Kelvin Harrison, Maxima's CEO said, "We are delighted to have signed this agreement with Microsoft. Microsoft Dynamics AX will complement our current solution offering and enable us to offer both existing customers and new prospects a complete business management solution. Its also further strengthens our Microsoft relationship."

For further information, please contact:

Maxima

Kelvin Harrison, Chief Executive                                01242 211 211
Linda Andrews, Group Finance Director                     0141  880 1000

Cenkos
Stephen Keys/Max Hartley                                       020 7397 8900

Smithfield
Reg Hoare/Sam Botterill                                           020 7903 4900

 

20 March 2007

Maxima Holdings plc ('Maxima')

In conformity with the Transparency Directive's transitional provision 6, Maxima Holdings plc, the IT solutions and managed services group, would like to notify the market of the following:

As at 20 March 2007, the issued share capital and voting rights of Maxima are as follows:

Maxima's share capital consists of 18,536,475 ordinary 1p shares with voting rights attached (one vote per ordinary share). Therefore the total number of voting rights in Maxima is 18,536,475.

The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Maxima under the FSA's Disclosure and Transparency Rules.


For further information, please contact:

Maxima Holdings plc
Kelvin Harrison, Chief Executive 01242 211 211
Linda Andrews, Group Finance Director 0141 880 1000

Smithfield
Reg Hoare / Sam Botterill 020 7360 4900

7 March 2007 

Maxima Holdings plc, (AIM: MXM), the acquisitive IT solutions and managed services company, is pleased to announce the acquisition of SevenThree Limited ("SevenThree") for a total consideration of £1.1m.

Click here for full press release PDF - 132Kb

19th February 2007

The Company was informed today that Amvescap plc has an interest in 1,031,975 ordinary shares in the Company which represents approximately 5.62% of the issued share capital of the Company.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive 01242 211 211
Linda Andrews, Group Finance Director 0141 880 1000

Smithfield
Sara Musgrave/Tania Wild 020 7360 4900

25 January 2007

Maxima Holdings plc ('Maxima' or the "Company"), the IT systems integration and managed services group, is pleased to announce the appointment of Kim Annette Nicholson (46) as a non executive director of the Company with immediate effect.

Ms Nicholson was previously a partner with Olswang, solicitors, specialising in corporate transactions in the technology, media and telecoms sector. She was also previously a director of Mood Media Group SA.

There are no other details to disclose under schedule 2(g) of the AIM rules. Ms Nicholson has no interest in any shares in the Company.

Commenting on the appointment, Kelvin Harrison, Chief Executive said "As Maxima continues to grow, the Board will be strengthened by Kim's extensive corporate finance experience in the information technology sector, where she is regarded as a leader in her field. We warmly welcome her onto the Board."

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive 01242 211 211
Linda Andrews, Group Finance Director 0141 880 1000

Smithfield
Sara Musgrave/Tania Wild 020 7360 4900

18 January 2007

In conformity with the Transparency Directive's transitional provision 6, Maxima Holdings plc, the IT solutions and managed services group, would like to notify the market of the following:

As at 18 January 2007, the issued share capital and voting rights of Maxima are as follows:

Maxima's share capital consists of 18,361,360 ordinary 1p shares with voting rights attached (one vote per ordinary share). Therefore the total number of voting rights in Maxima is 18,361,360.

The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Maxima under the FSA's Disclosure and Transparency Rules.

For further information, please contact:

Maxima
Kelvin Harrison, Chief Executive 01242 211 211
Linda Andrews, Group Finance Director 0141 880 1000

Smithfield
Sara Musgrave/Tania Wild 020 7360 4900

9 January 2007

Maxima has issued 250,000 ordinary 1p shares pursuant to the exercise of share options at 110p by Geoff Bicknell, former Finance Director