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Optimisa Shares Leap on Norwegian Buy

March 2 2009

Shares in AIM-listed market research group Optimisa jumped by around 80% to 45p by 5pm today, following the purchase of a 17% stake last Thursday by Norwegian group Gimle Finans AS.

The shares had tumbled from more than 150p in the first half of 2008 to around 25p yesterday. This afternoon's announcement today from the London Stock Exchange confirmed that the Exchange has received formal notification that as at 26 February (last Thursday) Octopus Investments Limited no longer had a notifiable interest in the ordinary shares of the Company, and that Gimle Finans AS has an interest in 1,524,000 ordinary shares representing 17.11%. of the issued ordinary share capital.

Optimisa bought EQ Group in October 2007 for around £6.4m, and in September announced a sharp fall in pre tax profits with a big hike in revenue accompanied by a jump in costs.

Web site: www.optimisaplc.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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