Jason Clark (CEO and President, Proact IT Group AB) has per the 17th of February 2017 sold 83,083 Proact shares in total.
Five percent target margin exceeded for fourth quarter, 70 percent quarter on quarter increase in PBT
Proact IT Group AB (publ) has, via its own shares and cash, acquired all the shares of Teamix GmbH. The total purchase price is 9 MEUR, which corresponds to a P/E ratio of 8. The operation will be part of the Proact Business Unit West, and will be operated as a separate entity under the name Proact IT Germany GmbH.
Hosting specialist Exonet has called in Proact to upgrade its existing converged infrastructure environment. The infrastructure supports Exonet, a provider of hosting solutions, as it seeks to deliver customers with reliable and high quality services.
The Annual General Meeting held on 2 May 2016 authorised the Board of Directors at Proact IT Group AB to implement a buyback of own shares amounting to a maximum of 10 per cent of the total number of outstanding shares.
Proact has delivered a high availability, redundant and easier to manage solution to clothing brand Gant, with data centres in four countries.
Further progress towards the 5% target margin
Proact IT, Europe’s leading independent datacentre and cloud services provider, will deliver and manage a new converged IT platform to NHS Lanarkshire. This innovative converged IT solution is built on FlexPod architecture, from Proact’s managed cloud service portfolio, designed to underpin InterSystem’s TrakCare application for a new national patient information system. The requirement for this programme was driven by a need to replace existing legacy equipment used in the delivery of Patient Management in Lanarkshire. The FlexPod infrastructure will be fully managed by Proact.
Proact will provide leading Baltic EDI and e-invoicing services provider, Telema, with new managed infrastructure, which will deliver business critical services to more than 1,000 customers. The new infrastructure will support the fast growth of Telema's business and customer base by providing a reliable and scalable solution.
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