Croma Security Solutions Group PLC Receipt of Deferred Consideration
July 08 2024 - 1:00AM
RNS Regulatory News
RNS Number : 4032V
Croma Security Solutions Group PLC
08 July 2024
8 July
2024
Croma Security Solutions Group
Plc
("CSSG", "Croma", "the "Company" or the "Group")
Receipt of Deferred
Consideration
Croma Security Solutions Group plc
(AIM:CSSG) is pleased to announce that is has received the next
instalments of the deferred consideration due in respect of the
disposal of Vigilant Security (Scotland) Limited which was announced
in June 2023 (the "Disposal") . Cash payments of
£1.76million have been received comprising £1.3 million in respect
of the redemption of the Redeemable Share issued on completion of
the Disposal with the balance being the second instalment of 10
quarterly repayments of capital and interest due in respect of Loan
Notes also issued on completion.
For
further information visit www.cssgroupplc.com or
contact:
Croma Security Solutions Group Plc
Tel: +44 44 (0)1489 566 166
Roberto Fiorentino, CEO
Teo Andreeva, CFO
WH
Ireland Limited
Tel: +44 (0)207 220 1666
(Nominated Adviser and
Broker)
Mike Coe
Sarah Mather
Novella
Tel: +44 (0)203 151 7008
Tim Robertson
Claire de Groot
Safia Colebrook
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END
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