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Potential Sale of Subsidiary

28 Sep 2021 11:45

RNS Number : 2362N
IDE Group Holdings PLC
28 September 2021
 

IDE Group Holdings Plc

 

Potential sale of subsidiary

 

28 September 2021

 

IDE Group Holdings plc (the "Company"), the mid-market network, cloud and IT managed services provider, announces that it is in advanced discussions to sell its wholly owned subsidiary, IDE Group Connect Limited ("Connect") for an expected consideration of £250,000. The Company will issue a further update in due course.

 

The Company will release its interim results for the 6 months ended 30 June 2021 on 30 September 2021.

 

 

For more information, contact:

 

IDE Group Holdings Plc

Andy Parker, Non-Executive Chairman

 

Tel: +44 (0)344 874 1000

finnCap Limited

Nominated Adviser and Broker

Corporate finance: Jonny Franklin-Adams / Abby Kelly

ECM: Tim Redfern / Richard Chambers

 

Tel: +44 (0)20 7220 0500

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU No. 596/2014) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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DISFZGZLGRRGMZM
Date   Source Headline
8th Mar 20117:00 amRNSFinal Results
31st Jan 20114:05 pmRNSHolding(s) in Company
17th Jan 20117:00 amRNSTrading Statement and Change of Adviser
11th Jan 201111:31 amRNSResult of General Meeting and Name Change
20th Dec 201012:55 pmRNSIssue of share options
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29th Nov 20107:00 amRNSDirector/PDMR Shareholding
26th Nov 20104:12 pmRNSResult of AGM
17th Nov 20107:00 amRNSTrading Update
5th Oct 20104:43 pmRNSExercise of Stock Options
24th Sep 20101:25 pmRNSStatement re easyGroup
23rd Sep 20109:49 amRNSIssue of Share Options
22nd Sep 20107:00 amRNSAcquisition of Cupid.com
22nd Sep 20107:00 amRNSHalf Yearly Report
9th Sep 20107:00 amRNSNotice of Results
1st Sep 20107:00 amRNSAcquisitions and event partnerships
8th Jul 20107:00 amRNSHoldings in Company
7th Jul 20101:15 pmRNSHoldings in Company
5th Jul 201011:55 amRNSDirector/PDMR Shareholding
30th Jun 20107:00 amRNSFirst Day of Dealings on AIM

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