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Receipt of Final Consideration

13 Mar 2024 17:00

RNS Number : 7579G
Partway Group PLC
13 March 2024
 

13 March 2024

 

 

Partway Group Plc

("Partway" or the "Company")

 

Receipt of Final Consideration

Partway Group plc (AIM: PTY) announces that, further to its announcements on 21 November 2023 and 8 December 2023, the Company has received £367,000, being the difference between the negative working capital position at Completion and the £1 million retained by the Purchaser, in accordance with the terms of the SPA.

Any defined terms (unless otherwise defined) take the meaning given to them in the announcement of 21 November 2023.

 

Contacts

Partway Group plc

Tel: + 44 (0) 20 8171 1729

Mark Braund, Executive Chairman

www.partway.net

Mike Johns, Chief Financial Officer

Allenby Capital Limited (Nominated Adviser and Broker)

Tel: +44 (0) 20 3328 5656

David Hart / Dan Dearden-Williams (Corporate Finance)

Tony Quirke (Sales and Corporate Broking)

 

 

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