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DICKER DATA LIMITED — M&A Activity 2014
Mar 31, 2014
64763_rns_2014-03-31_3a33ffba-1b0a-4f29-9ca3-788c0e017654.pdf
M&A Activity
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1 April 2014
Manager of Company Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000
By E-‐Lodgement
DICKER DATA COMPLETES ACQUISITION OF EXPRESS DATA HOLDINGS PTY LTD
The Board of Directors of Dicker Data Limited (ASX: DDR) is pleased to announce the completion of the acquisition of Express Data Holdings Pty Ltd.
Dicker Data officially announced its intention to acquire 100% of the issued capital in Express Data Holdings Pty Ltd on Tuesday, 11 February 2014. The acquisition is fully funded by Westpac Banking Corporation
Chairman & CEO, David Dicker, said “Today represents a significant milestone for both our company and the Australian IT Industry. I have complete confidence in the team to integrate the Express Data & Express Online businesses into our existing operations successfully.”
Due to the timing of the transaction completion date, the board has decided to postpone the declaration of the quarterly dividend, scheduled for March 2014, until further notice.
For and on behalf of the Board,
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David Dicker Chairman & CEO
**About
Dicker Data Limited**
Dicker Data Limited was listed on the Australian Stock Exchange on January 24, 2011. Since its listing, the company has achieved record trading results. The Company is Australia’s largest and longest established Australian owned distributor of Information Technology products. Its vendors include Hewlett-‐Packard, Lenovo, Toshiba, Samsung, ASUS and other major brands. The Company’s customers include over 2,600 value added resellers. For more information, see www.dickerdata.com.au