Investee Company Update - Virtualstock
In brief · summary, not quotable
Primorus sells investee company Virtualstock for up to approximately £720,000.
- Consideration up to approximately £720,000
Full announcement
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Primorus Investments plc (AIM: PRIM) is pleased to announce the sale of Virtualstock Holdings Limited ("Virtualstock"), an investee company of Primorus, to a third party buyer.
Under the terms of the sale and purchase agreement, Primorus will receive consideration of up to approximately £720,000, which will comprise cash on completion, deferred consideration and an equity interest in the buyer.
Further announcements will be made in due course.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.