Location Sciences - Further re Sale of Insights dashboard
01/02/2022 06:59
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RNS Number : 2171A Location Sciences Group PLC 01 February 2022
1 February 2022
This announcement contains inside information for the purposes of Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the
publication of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public domain.
Location Sciences Group PLC
("Location Sciences" or the "Company" or the "Group")
Further re Sale of Certain Assets to Digital Envoy, Inc.
Location Sciences (AIM: LSAI) is pleased to announce that further to the
Company's announcement on 22 October 2021 regarding the sale of its insights
dashboard and four contracts to Digital Envoy, Inc., the post-closing
warranties and covenants referred to in that announcement have been
satisfied. As a result, the Company has received the remaining US$125,000
consideration which was retained under the terms of the sale agreement.
For further information please contact:
Location Sciences Group
PLC
via Allenby
Mark Slade, Chief Executive Officer
David Rae, CFO and Commercial Director
Allenby Capital Limited (Nominated Adviser) Tel: +44
(0)20 3328 5656
David Hart
Vivek Bhardwaj
Turner Pope Investments (TPI) Ltd (Joint Broker) Tel: +44 (0)20 3657
0050
James Pope
Andy Thacker
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