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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tavistock Investments Plc | LSE:TAVI | London | Ordinary Share | GB00BLNMLS43 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.15 | 3.45% | 4.50 | 4.00 | 4.70 | 4.625 | 4.35 | 4.35 | 155,000 | 16:35:25 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 33.95M | -1.4M | -0.0025 | -17.40 | 24.38M |
From Apr 2019 to Apr 2024
TIDMTAVI
RNS Number : 4700U
Tavistock Investments PLC
24 October 2017
Early Settlement Agreement
24 October 2017
Further to the announcement of 21 March 2016, the Company is pleased to announce that it has agreed early settlement of the performance related deferred consideration payable on the acquisition of Abacus Associates Financial Services Limited ("Abacus"). The Company has agreed, in full settlement, to pay a total of GBP1.4 million in cash to the vendors of Abacus, representing a significant discount to the anticipated payment the Company may otherwise have been required to make in July 2018. As a part of the agreement, the obligation to make a cash adjustment payment if the Company's share price does not reach 7.5 pence by July 2018 has lapsed.
ENDS
Enquiries:
Tavistock Investments Tel: 01753 867000 Plc Oliver Cooke Brian Raven Arden Partners Plc Tel: 020 7614 5900 William Vandyk Allenby Capital Limited Tel: 020 3328 5656 Nick Naylor Nick Athanas Templars Communications Tel: 020 3642 3140 Limited Kitty Parry Malika Shermatova
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGRBGBDGIDDBGRS
(END) Dow Jones Newswires
October 24, 2017 06:33 ET (10:33 GMT)
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