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BUZZ-Ideagen Plc: rises after acquisition of Redland Solutions

** Shares of information management software developer Ideagen Plc up ~2.8% to 148p

** Co. announced acquisition of entire issued share capital of Redland Solutions Ltd for a net consideration of 15.8 mln stg ($20.07 mln)

** Redland is a fast growing, profitable RegTec SaaS company supplying software to the financial services industry

** Customers include Nomura, Santander, Investec, Hargreaves Lansdown, and Rathbones

** The acquisition is immediately earnings enhancing and is expected to add mid-single digit accretion within the current financial year

** Ideagen stock up ~17% YTD ($1 = 0.7873 pounds) (Reporting by Aniruddha Chakrabarty)