Business
Deferred Consideration & Total Voting Rights
Deferred Consideration & Total Voting Rights.
About this update from Celebrus Technologies Plc
[{"type":"text","content":"\n \n \n 22 March 2023\n \n \n \n \n \n D4t4 Solutions Plc\n \n \n \n \n \n \n \n (\"D4t4\" or \"Company\")\n \n \n \n \n \n \n Deferred consideration\n \n \n \n \n &\n \n \n \n \n TVR\n \n \n \n D4t4 Solutions Plc (AIM: D4T4) announces that it has today paid deferred consideration of £0.5 million to the vendors (\"Vendors\") of\n Prickly Cactus Limited (\"Prickly Cactus\"), acquired\n by the Company in August 2021.\n \n \n The total consideration for Prickly Cactus comprised an initial consideration of £0.25 million plus performance based deferred consideration of up to a further £0.5 million, linked to Prickly Cactus' customer growth during the two-and-a-half-year period following its acquisition. The deferred consideration targets have been met in full and accordingly the Vendors have been paid additional consideration of £0.25 million in cash and £0.25 million by the transfer to the Vendors of 111,905 Ordinary Shares of 2p each in D4t4 (\"Ordinary Shares\") from treasury at a price of 223.4p each, being the average closing mid-market price of Ordinary Shares for the last five business days before transfer of the shares.\n \n \n Following the above the Company advises that its issued share capital stands at\n 40,431,453\n Ordinary Shares, with 608,765 Ordinary Shares held in treasury. Consequently, the total voting rights of the Company is 39,822,688 which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \n \n \n Enquiries\n \n \n \n \n \n \n \n \n D4t4 Solutions Plc\n \n \n \n Bill Bruno, Chief Executive Officer\n \n \n Ash Mehta, Chief Financial Officer\n \n \n \n \n \n \n \n +44 (0) 1932 893333\n \n \n [email protected]\n \n \n \n \n \n \n \n \n finnCap (Nominated Adviser & Joint Broker)\n \n \n \n Julian Blunt / Edward Whiley, Corporate Finance\n \n \n Alice Lane, ECM\n \n \n \n \n \n \n \n +44 (0) 20 7220 0500\n \n \n \n \n \n \n \n Canaccord Genuity (Joint Broker)\n \n \n \n Simon Bridges / Andrew Potts\n \n \n \n \n \n \n \n +44 (0) 20 7523 8000\n \n \n \n \n \n \n \n \n \n About D4t4 Solutions Plc\n \n \n D4t4 Solutions plc (AIM: D4t4) was founded around a passi...