Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPrimorus Inv. Regulatory News (PRIM)

Share Price Information for Primorus Inv. (PRIM)

Share Price is delayed by 15 minutes
Get Live Data
3.70    0.00 (0.00%)
Bid:
3.40
Ask:
4.00
Spread: 0.60 (17.647%)
Market Cap: £4.61m
PRIM Live PriceLast checked at - London Stock Exchange

Intraday Primorus Inv. Share Chart

Trading Update

11 Feb 2010 07:00

RNS Number : 9786G
CSS Stellar PLC
11 February 2010
 



CSS Stellar plc (the "Company")

Trading Update

The Company announced on 8 January 2008 that it had disposed of its 75% interest in GEM Minneapolis, Inc., a US-based creative design and photography business, for US$1.8 million in cash, of which US$1.1 million was received on completion and the remaining US$0.7 million was due over three years by way of a promissory note. US$0.1 million was received in January 2009.

The Company has since been informed by the acquiring party that it will be unable to honour the original terms of the sale agreement. The directors of the Company have therefore renegotiated the terms of the sale agreement with the acquiring party to receive US$0.16 million immediately and eliminate any future uncertainty and risk of default. The total amount to be written off in the Company's 2009 results as a result of the acquirer's default on the original agreement is expected to be £0.25 million.

The Company's 2009 preliminary results will be released by 31 March 2010.

 

 

 

 

For further information please contact:

Mark Ireland

CSS Stellar plc

020 7332 2002

Luke Cairns / Avi Robinson

Astaire Securities plc

020 7448 4400

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTEAKAEFSPEEFF
Date   Source Headline
16th May 200610:05 amRNSAGM Statement
24th Apr 20062:27 pmRNSRelated Party Transaction
29th Mar 20062:19 pmRNSDirector/PDMR Shareholding
22nd Mar 20065:57 pmRNSDirector Shareholding
20th Mar 20067:02 amRNSFinal Results
8th Mar 20067:02 amRNSDirectorate Change
26th Jan 20064:19 pmRNSHolding(s) in Company
25th Jan 200611:02 amRNSSAR 3 - CSS Stellar plc
25th Jan 200610:06 amRNSHolding(s) in Company
19th Jan 20069:00 amRNSTreasury Stock
23rd Dec 20057:00 amRNSRe-org of Gem North America
13th Dec 200510:36 amRNSHolding(s) in Company
9th Dec 200512:39 pmRNSSAR 3 - CSS Stellar plc
9th Dec 200510:55 amRNSHolding(s) in Company-Replace
9th Dec 20059:59 amRNSSale of Treasury Stock
9th Dec 20057:01 amRNSHolding(s) in Company
29th Nov 20056:08 pmRNSHolding(s) in Company
29th Nov 20055:07 pmRNSSAR 3 - CSS Stellar plc
9th Nov 200512:21 pmRNSHolding(s) in Company
9th Nov 200510:47 amRNSSAR 3 - CSS Stellar plc
8th Nov 200511:52 amRNSDisposal
26th Oct 20055:14 pmRNSHolding(s) in Company
26th Oct 200510:11 amRNSHolding(s) in Company
7th Oct 20057:00 amRNSIssue of Equity
3rd Oct 20052:26 pmRNSResult of EGM
26th Sep 20058:30 amRNSInterim Results-Replacement
26th Sep 20057:02 amRNSInterim Results
5th Sep 200510:30 amRNSDisposal
7th Jul 20059:34 amRNSLondon 2012 Celebrations
17th May 20059:30 amRNSAGM Statement
16th May 200511:02 amRNSDirector Shareholding
18th Mar 20053:37 pmRNSHolding(s) in Company
17th Mar 200512:49 pmRNSHolding(s) in Company
17th Mar 200510:58 amRNSSAR - CSS Stellar plc
16th Mar 20057:01 amRNSFinal Results
25th Feb 20058:49 amRNSDisposal
14th Feb 20052:59 pmRNSHolding in Company
14th Feb 200512:12 pmRNSHolding(s) in Company
3rd Feb 20055:49 pmRNSHolding in Company
3rd Feb 20051:51 pmRNSHolding(s) in Company
17th Jan 200512:06 pmRNSDirector Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.