September 17, 2012 / 6:23 AM / 5 years ago

BRIEF-Redstone agrees to buy Maxima Holdings

LONDON, Sept 17 (Reuters) - Redstone PLC : * Recommended acquisition of maxima holdings plc * Reached agreement on the terms of a recommended acquisition of maxima by

Redstone * Redstone will, conditional upon, inter alia, the Scheme becoming effective , raise approximately £3,000,000 before expenses by means of a placing of new Redstone Shares at 1 pence per Redstone Share, representing a premium of 27.4 per cent. to the Closing Price of 0.785 pence per Redstone Share on 14 September 2012

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