Re post 2148hrs 25/07 REALLY?26 Jul 2025 10:32
RNS 02/12/24
GSTechnologies Limited (LSE: GST), the fintech focused company, announces, further to the Company's announcement on 29 February 2024 that it had completed the acquisition of 66.67% of the issued share capital of Semnet Pte Ltd ("Semnet"), that the outstanding US$1 million of the consideration for 66.67% of Semnet, to be paid through the issue of ordinary shares of no par value in the Company ("Ordinary Shares") on the nine month anniversary of completion, will be satisfied through the provision of 58,844,713 Ordinary Shares (the "Consideration Shares"). The 58,844,713 Consideration Shares will be allocated from the 60,000,000 Ordinary Shares currently held by the Company in treasury ("Allocation").