Brief: Parkmead Sells Parkmead (E&P) To Serica Energy

Parkmead

12/12/2024 07:18

Dec 12 (Reuters) - Parkmead Group PLC  PMG.L :
    * SALE OF PARKMEAD (E&P) LTD
    * SALE CONSIDERATION INCLUDES £14 MILLION FIRM CASH AND UP
TO £120
MILLION CONTINGENT CASH
    * ANNOUNCES SALE OF SUBSIDIARY TO SERICA ENERGY

Source text:  ID:nRSL7729Pa 
Further company coverage:  PMG.L 

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