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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Secure Income Reit Plc | LSE:SIR | London | Ordinary Share | GB00BLMQ9L68 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 461.00 | 461.00 | 461.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5313E Sirius Group PLC 1 June 2001 Sirius Group PLC Payment of deferred consideration On 10th November 2000, Sirius Group PLC (formerly named Policy Master Group PLC) ("the Company"), the insurance software provider, announced the acquisition of Insurance Business Solutions Inc. subsequently renamed as PM inc. ("PM inc.") for a maximum consideration of US$7 million. Consideration of US$1m was paid on completion with any additional consideration payable over the next 3 years dependent on future profits. The earn out in respect of the profits of PM inc. for the financial year ended 31 December 2000 is to be satisfied by the allotment of ordinary shares in the Company at the prevailing price at the time of allotment. The Company announces that deferred consideration of US$333,000 is payable in respect of the profits for PM inc. in the last financial year. The consideration is to be satisfied by the immediate allotment of 93,324 shares at 219 pence per share, being the share price at close of business on 31 May 2001 with the balance of US$43,290 being satisfied at a date to be agreed. These shares will rank pari passu with the existing issued ordinary share capital. Application has been made to the UK Listing Authority and the London Stock Exchange plc for the consideration shares to be admitted to trading on the Official List and to trading on the main market of the London Stock Exchange plc. It is expected that dealings in the consideration shares will commence on 8 June 2001.
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1 Month Secure Income Reit Chart |
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