Articles about Coms Plc

Fight sticker

Chaos reigns as Coms plc CEO tries (fails) to stage boardroom coup

A senior level dust-up has erupted at Coms Plc with CEO David Breith trying to stage a boardroom coup, amid widening losses and a spat over Coms shares that he quietly bought. The acquisitive London-based comms biz, which swallowed certain assets from Redstone and telephony player Actimax, confirmed the chaos in a stock market …
Paul Kunert, 25 Feb 2015

Coms CEO: Sorry about accidentally buying 20k shares, I'm off

The chief of Coms Plc appeared to be close to the exit following his public spat with the rest of the board last week. Sure enough, the company today confirmed he’s stepped down. David Breith, CEO at the London-listed buy and build B2B comms outfit, called a general meeting to replace his board last Wednesday. Later on during …
Paul Kunert, 02 Mar 2015

Cloudy firm Coms Plc coughs £9.5m for Redstone

The three-year restructuring at Redstone was effectively wrapped up today after management "conditionally" sold trading subsidiary Comunica for £9.5m in cash to LSE listed cloud-based telephony player Coms Plc. Under the terms of the deal, Coms will cough £7.65m on completion and a deferred consideration of £1.85m in the next 12 …
Paul Kunert, 05 Nov 2013

AIM-listed Coms hoovers up Actimax for £3.4m

Acquisitive cloud-based telephony player Coms Plc has hoovered loss-making comms dealer Actimax in a cash splurge that could rise to £3.4m depending on results. AIM-listed Coms, which dug deep and found £9.5 to buy Redstone back in November, also revealed it is planning to place more shares on the market to raise £7.9m after …
Paul Kunert, 12 Feb 2014