12 Jan 2011 16:59
The Parkmead group plc
("Parkmead" or the "Company")
Β
Receipt of Deferred Consideration
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The Company reports that it has today been paid the full deferred cash consideration of Β£1,969,449.55 owed to it by Mr D Mills pursuant to the Company's disposal of Quayside Corporate Services Limited to Mr Mills in 2007.
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Receipt of this payment satisfies in full the consideration due to Parkmead by Mr Mills.
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For further information please contact:
Β The Parkmead Group plc | |
Donald MacKay | 0845 604 8806 |
Charles Stanley Securities | 020 7149 6000 |
Nominated Adviser and Broker | |
Marc Milmo / Carl Holmes |
Β
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