REG - Croma Sec. Sol. Grp - Receipt of Deferred Consideration

Croma Security SolutionsAnnouncement

08/07/2024 07:00

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RNS Number : 4032V  Croma Security Solutions Group PLC  08 July 2024

8 July 2024

Croma Security Solutions Group Plc

 
("CSSG", "Croma", "the "Company" or the "Group")

Receipt of Deferred Consideration

Croma Security Solutions Group plc (AIM:CSSG) is pleased to announce that is
has received the next instalments of the deferred consideration due in respect
of the disposal of Vigilant Security (Scotland) Limited which was announced in
June 2023 (the "Disposal") .  Cash payments of £1.76million have been
received comprising £1.3 million in respect of the redemption of the
Redeemable Share issued on completion of the Disposal with the balance being
the second instalment of 10 quarterly repayments of capital and interest due
in respect of Loan Notes also issued on completion.

 

 

For further information visit www.cssgroupplc.com or contact:

 

Croma Security Solutions Group
Plc
Tel: +44 44 (0)1489 566 166

Roberto Fiorentino, CEO

Teo Andreeva, CFO

 

WH Ireland
Limited
Tel: +44 (0)207 220 1666

(Nominated Adviser and Broker)

Mike Coe

Sarah Mather

 

Novella
 
Tel: +44 (0)203 151 7008

Tim Robertson

Claire de Groot

Safia Colebrook

 

 

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