Primorus Investments PLC Sale Of Engage Shareholding

RNS Number : 8738K

Primorus Investments PLC

05 November 2024

 

Primorus Investments plc

 

("Primorus" or the "Company")

 

Sale Of Engage Shareholding

 

 

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	[phone]
Nominated Adviser Cairn Financial Advisers LLP Sandy Jamieson/James Caithie	[phone]

 

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