Brief: GRC International Says Entered Into Deed Of Variation In Relation DQM Group Acquisition

Grc International

31/01/2020 11:49

Jan 31 (Reuters) - GRC International Group PLC  GRCG.L :
    * ENTERED INTO DEED OF VARIATION TO SALE, PURCHASE AGREEMENT
DATED
FEB 11 2019 RELATING TO ACQUISITION OF DQM GROUP HOLDINGS
    * PROPOSES TO RAISE £3.75 MILLION BY WAY OF A CONDITIONAL
PLACING
OF 28,846,154 NEW ORDINARY SHARES AT 13 PENCE PER ORDINARY SHARE
    * DEED OF VARIATION AMENDS TERMS ON WHICH DEFERRED
CONSIDERATION
IN RESPECT OF ACQUISITION IS PAYABLE TO DQM SHAREHOLDERS

Source text for Eikon:  ID:nRSe6038Ba 
Further company coverage:  GRCG.L 

 ((Reuters.Briefs@thomsonreuters.com;))