Sale of Vennersys

Christie Group plc (CTG.L), the leading provider of Professional & Financial Services and Stock & Inventory Systems & Services to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, is pleased to announce that on 19th December 2025 it entered into an agreement to dispose of the business and assets of its visitor attraction software business, Vennersys, to Digital Ticketing Systems Limited ("Digitickets").

The consideration is structured on an initial cash consideration of £0.5m payable upon completion of the sale, and up to £0.9m of additional retained consideration payable within 18 months, subject to certain post completion performance conditions being achieved. Completion of the sale is expected to occur no later than 31st January 2026.

Vennersys provides a fully integrated ticketing and EPOS solution to UK visitor attractions. As at 31 December 2024, Vennersys held gross assets of £1.43m and generated a loss before tax and extraordinary items of £1.57m.

The disposal further reflects the Board's continued focus on improving the quality of earnings and its balance sheet strength, enabling the Group to focus on investing in its remaining brands to deliver sustainable growth and earnings.

Dan Prickett, Christie Group Chief Executive Officer commented:

"Following on from the strategic disposal of our loss-making retail and pharmacy operations in November 2024, the Board unanimously concluded that the continuing investment requirements required to support and scale the Vennersys business under Christie Group plc ownership were incompatible with our desire to invest in our remaining core brands. Having taken this decision, we have been focussed on finding a purchaser for the business with the expertise and resources to take the business forwards and with a commitment to providing an ongoing level of high-quality service to the Vennersys customers."

Simon Herrick, Christie Group Chairman commented:

"Following changes to the Board structure during 2023 we undertook a strategic review of the Group's operations. It was decided that we would dispose of Orridge and Vennersys, the two non-core Group operations, which both had long term histories of losses within the Group and required more expertise, focus and investment to grow and generate profit than we could provide. These businesses had taken much Group time and resources over many years, which can now be better spent on developing, investing in and growing a stronger group of core brands, offering a more coherent platform of unparalleled related services to our highly valued existing clients, whilst building new client relationships and expanding internationally. We believe that the disposal of Orridge during November 2024 and the conclusion of the disposal of Vennersys now completes a significant strategic step forward in the story of Christie Group plc."

For further information please contact:

Christie Group plc