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On 13 March 2024, Partway Group plc announced it had received £367,000. This amount represents the difference between the negative working capital position at Completion and £1 million retained by the Purchaser, in accordance with the terms of the SPA and further to announcements on 21 November 2023 and 8 December 2023.
| Date | 13 Mar 2024 |
| Time | 17:00:53 |
| Category | Corporate updates |
| ID | 7579G |
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.
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Contacts |
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Partway Group plc |
Tel: + 44 (0) 20 8171 1729 |
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Mark Braund, Executive Chairman |
www.partway.net |
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Mike Johns, Chief Financial Officer |
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Allenby Capital Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 3328 5656 |
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David Hart / Dan Dearden-Williams (Corporate Finance) |
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Tony Quirke (Sales and Corporate Broking) |
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