RS2 share price up 5%

The share price of RS2 Software plc advanced by 5% during this morning's session of the Stock Exchange to a new 40-month high of €0.63 following last Friday's Interim Directors' Statement which revealed a new licence and service agreement worth €1.5 million. This is the second contract of this nature with a similar contract of €5 million concluded in September. Moreover, the Company revealed that is in advanced negotiations with respect to yet another licence agreement for an undisclosed amount. RS2 also revealed that it is close to concluding the first 3-year deal with respect to the new managed services offering. Overall, RS2's Directors expect the results for 2012 to be better than those registered in 2011 when the company registered a pre-tax profit of €2.38 million. A total of 29,000 shares changed hands today with further offers unsatisfied at the closing price and fresh demand entering the market at €0.61. Malta International Airport plc also closed in positive territory with a 0.6% increase to €1.78 (just €0.01 below its 2012 high) across five trades totalling 8,350 shares. This reflects the directors' expectations of better financial results in 2012 compared to 2011 on...