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Primorus Investments plc announced the sale of its investee company, Virtualstock Holdings Limited, to a third-party buyer. Primorus will receive consideration of up to approximately £720,000, comprising cash on completion, deferred consideration, and an equity interest in the buyer.
| Date | 24 Sept 2025 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 5049A |
Primorus Investments plc
("Primorus" or the "Company")
Investee Company Update - Virtualstock
Primorus Investments plc (AIM: PRIM) is pleased to announce the sale of Virtualstock Holdings Limited ("Virtualstock"), an investee company of Primorus, to a third party buyer.
Under the terms of the sale and purchase agreement, Primorus will receive consideration of up to approximately £720,000, which will comprise cash on completion, deferred consideration and an equity interest in the buyer.
Further announcements will be made in due course.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information please contact:
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Primorus Investments plc Matthew Beardmore, Chief Executive Officer |
+44 (0) 20 8154 7907
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Nominated Adviser Cairn Financial Advisers LLP Sandy Jamieson / James Western |
+44 (0) 20 7213 0880 |