Primorus Investments PLC Sale Of Engage Shareholding
November 05 2024 - 1:00AM
RNS Regulatory News
RNS Number : 8738K
Primorus Investments PLC
05 November 2024
Primorus Investments plc
("Primorus" or the "Company")
Sale Of Engage
Shareholding
Primorus (AIM: PRIM) announces that it has sold
its entire shareholding of 92,374 ordinary shares ("Engage Shares")
in Engage Technology Partners Ltd ("Engage") for the sum of
£1,000.00 on 31 October 2024 ("Disposal"). The Engage Shares
had a book value of £158,000 in the Company's interim results for
the six months to 30 June 2024 published on 29 July 2024.
Under the share purchase agreement, the Company may receive
additional consideration for the Engage Shares in the event that
the buyer sells any of the Engage Shares within two years of the
Disposal.
For
further information please contact:
|
Primorus Investments
plc
Matthew
Beardmore, Chief Executive
Officer
|
+44 (0) 20 8154 7907
|
|
Nominated
Adviser
Cairn Financial Advisers
LLP
Sandy
Jamieson/James Caithie
|
+44 (0) 20 7213 0880
|
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