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Panther Securities PLC announced on 5 September 2025 that it has received the first instalment of deferred consideration of £500,000. This payment relates to the sale of the Company's freehold interest in Westgate House, Peterborough, and was received early, having been due nine months after the 20 December 2024 completion. A remaining deferred consideration balance of £500,000 is contracted to be paid 18 months after completion.
| Date | 5 Sept 2025 |
| Time | 10:09:27 |
| Category | Corporate updates |
| ID | 2140Y |
5 September 2025
Panther Securities PLC
(the "Company" or the "Group")
Update re. property disposal
Further to the Company's announcement on 16 October 2024, Panther Securities PLC announces that it has received the first instalment of deferred consideration of £500,000 which was due pursuant to the sale of the Company's freehold interest in Westgate House, 26-38 Westgate, Peterborough.
This instalment has been paid early, as it was due to be paid nine months after completion which took place on 20 December 2024 ("Completion").
The remaining balance of deferred consideration of £500,000 is contracted to be paid 18 months after Completion.
For further information:
Panther Securities plc: Tel: 01707 667 300
Andrew Perloff / Simon Peters
Allenby Capital Limited (Nomad and Joint Broker) Tel: 020 3328 5656
Alex Brearley / Piers Shimwell