RE: RNS & Mergers & Acquisitions - ITH27 Mar 2024 09:15
Mommur,
Morning,
The founders would of also received dividends for this 2nd tranche, paid in cash, upon issue of these withheld free shares estimated at ~£345,000 including interest of course ...
"Serica will pay a cash amount to the Seller equal to the dividends the Seller would have received had the held-back
shares been issued at Completion (plus an amount of interest). ..."
So ITH are in the process of another NS deal too .... hummm
aimo & dyor