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12 Jan 2011 16:59
RNS Number : 3761Z
Parkmead Group (The) PLC
12 January 2011
The Parkmead group plc
("Parkmead" or the "Company")
Receipt of Deferred Consideration
The Company reports that it has today been paid the full deferred cash consideration of £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.
Receipt of this payment satisfies in full the consideration due to Parkmead by Mr Mills.
For further information please contact:
The Parkmead Group plc | |
Donald MacKay | 0845 604 8806 |
Charles Stanley Securities | 020 7149 6000 |
Nominated Adviser and Broker | |
Marc Milmo / Carl Holmes |
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