REG - Partway Group PLC - Receipt of Final Consideration

PartwayAnnouncement

13/03/2024 17:15

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RNS Number : 7579G  Partway Group PLC  13 March 2024

13 March 2024

 

 

Partway Group Plc

("Partway" or the "Company")

 

Receipt of Final Consideration

Partway Group plc (AIM: PTY) announces that, further to its announcements on
21 November 2023 and 8 December 2023, the Company has received £367,000,
being the difference between the negative working capital position at
Completion and the £1 million retained by the Purchaser, in accordance with
the terms of the SPA.

Any defined terms (unless otherwise defined) take the meaning given to them in
the announcement of 21 November 2023.

 

 Contacts

 Partway Group plc                                       Tel: + 44 (0) 20 8171 1729

 Mark Braund, Executive Chairman                         www.partway.net
 Mike Johns, Chief Financial Officer

 Allenby Capital Limited (Nominated Adviser and Broker)  Tel: +44 (0) 20 3328 5656

 David Hart / Dan Dearden-Williams (Corporate Finance)
 Tony Quirke (Sales and Corporate Broking)

 

 

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