Maxima Holdings plc has issued 90,000 ordinary 1p shares in the Company under the Company's approved EMI Share Option Scheme. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 31st October 2008. Following admission the Company has an issued share capital of 25,099,694.
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
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.
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:
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.
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
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
UK: +44(0)118 923 5150 
Scotland: +44(0)141 880 1000