Toronto, Canada, March 14, 2008 — Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that it has purchased 13.86 million shares of UK based Gladstone PLC (“Gladstone”), representing approximately 28 % of the outstanding common shares.
“Occasionally we take stakes in vertical market software companies for investment purposes,” commented John Billowits, Chief Financial Officer of Constellation. “We have been a shareholder of Gladstone in the past.”
About Constellation:
Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software is an international provider of market leading software and services to a number of industries across both the public and private sectors. The Company acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries.