RE: Smarttech247 say they have already been paid ...28 May 2025 17:14
I think you missed this:
The Disposal would represent a return of 6.0x the total investment made into this company directly and a circa 4.5x multiple on the total investment made by SVV1. As at 31 December 2024, the carrying value of the Company's direct investment in Getvisibility was £1.2 million on an unaudited basis. The completion of the Disposal is subject to the satisfaction of certain conditions that are customary for a transaction of this type. The Company will use part of the cash inflow from the Disposal to settle the remaining outstanding loan notes amounting to circa £800,000, and the accrued interest thereon. A further announcement will be made in due course upon receipt of the proceeds from the Disposal.