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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Prime Active | LSE:PACC | London | Ordinary Share | IE00B1Z9ZG98 | ORD EUR0.50 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPACC
RNS Number : 3756Q
Prime Active Capital PLC
29 August 2014
Update on Disposal
Prime Active Capital plc ("PAC") or "the Company")
Further to the disposal of the US assets ("the Disposal") announced by PAC on the 1 August 2014 and the approval of the Disposal by shareholders at the EGM of the 22 August 2014, PAC is pleased to announce that it has received $2 million of the Consideration due from ABC Phones. The Target Closing Date for completion of the Disposal was scheduled for 29 August 2014, it is now anticipated that the Disposal will complete on Wednesday 03 September 2014 at which point the remainder of the upfront consideration will be paid. The funds received will be used to discharge the Company's loan due to Mosaic.
For further information contact: Nominated Adviser / ESM Adviser Prime Active Capital plc Davy Corporate Finance Dermot Martin, Executive Chairman Anthony Farrell / Eugenee Mulhern + 353 1 295 9895 + 353 1 679 6363
This information is provided by RNS
The company news service from the London Stock Exchange
END
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