Glen Group plc has announced that it has entered into a conditional agreement relating to the sale of the business and assets of its wholly owned subsidiaries, Eclectic Group Limited and I G Software Limited, for the sum of up to £3m payable in cash. The agreement, which is subject to Glen shareholder consent and final approval from the purchaser's bankers, is with Maxima Information Group Limited, a wholly owned subsidiary of Maxima Holdings plc, an AIM listed IT solutions and managed services company.