RE: Predictions?6 Aug 2025 19:52
The initial consideration, of £8.0 million, is to be satisfied through the issue of 80,000,000 new ordinary shares in the capital of the Company ("Consideration Shares") to the sole owner of Everfex, Granicus Holdings O.Ü ("Granicus Holdings"), at a price of 10p per Consideration Share (the "Issue Price"). Additional consideration of £4.0 million may be payable, subsequent to 1 January 2026, if Everfex achieves certain performance criteria, which would be satisfied through the issue of 20,000,000 new ordinary shares in the Company ("Additional Consideration Shares") at an issue price of 20p per Additional Consideration Share.
The deal has been done via the issue of stock, if “‘Granicus Holdings OU” believes in our CEO’s projections and is along for the journey , stock will remain very hard to come by, and this could be a very exciting opportunity indeed.