GRC International Group PLC Acquisition (5292W)
August 01 2018 - 9:30AM
UK Regulatory
TIDMGRC
RNS Number : 5292W
GRC International Group PLC
01 August 2018
1 August 2018
GRC International Group plc
("GRC International" or the "Group")
Acquisition of www.gdpr.co.uk
GRC International Group plc (AIM:GRC), the one-stop shop for
cyber security and data compliance products and services (including
GDPR), is pleased to announce the acquisition of the domain, web
platform, customer list and goodwill of www.gdpr.co.uk by IT
Governance Ltd (the largest operational subsidiary of the Group)
from Wonde Ltd (the "Acquisition").
The Acquisition will be settled by a total cash consideration of
GBP175,000. The Group will be enhancing the platform by making
relevant books, e-Learning and DPO services available across the
www.gdpr.co.uk website during August and the Acquisition is
expected to provide the Group with additional monthly sales of
approximately GBP10,000. During the six months which www.gdpr.co.uk
has been operational, it has generated sales of approximately
GBP95,000.
Enquiries
GRC International Group plc www.grci.group
Alan Calder (CEO) +44 33 3800 7000
Chris Hartshorne (Finance Director)
Grant Thornton UK LLP (Nomad)
Philip Secrett / Jen Clarke 020 7383 5100
Dowgate Capital Stockbrokers Limited
(Broker)
James Serjeant 020 3903 7717
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END
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