⌘K
t
Primorus Investments plc sold its entire shareholding of 92,374 ordinary shares in Engage Technology Partners Ltd for £1,000.00 on 31 October 2024. These Engage Shares had a book value of £158,000 in Primorus's interim results for the six months to 30 June 2024. Primorus may receive additional consideration if the buyer sells any of the Engage Shares within two years of the disposal.
| Date | 5 Nov 2024 |
| Time | 07:00:03 |
| Category | Disposals |
| ID | 8738K |
("Primorus" or the "Company")
Primorus (AIM: PRIM) announces that it has sold its entire shareholding of 92,374 ordinary shares ("Engage Shares") in Engage Technology Partners Ltd ("Engage") for the sum of £1,000.00 on 31 October 2024 ("Disposal"). The Engage Shares had a book value of £158,000 in the Company's interim results for the six months to 30 June 2024 published on 29 July 2024. Under the share purchase agreement, the Company may receive additional consideration for the Engage Shares in the event that the buyer sells any of the Engage Shares within two years of the Disposal.
For further information please contact:
|
Primorus Investments plc Matthew Beardmore, Chief Executive Officer |
+44 (0) 20 8154 7907
|
|
Nominated Adviser Cairn Financial Advisers LLP Sandy Jamieson/James Caithie |
+44 (0) 20 7213 0880 |