Tekmar Group Receives Final Deferred Consideration Payment
Why we think this is neutral
The RNS announcement is about the receipt of deferred consideration, which is not a mandatory news category that requires in-depth analysis. The news is neutral and does not significantly impact the company's performance or outlook.
Key Points
- Tekmar Group has received the final deferred consideration payment of £0.5m
- The payment is related to the Subsea Innovation Limited divestment to Unique Group for £1.9m in May 2024
Summary
The engineering solutions provider has received the final deferred consideration payment of £0.5m related to a previous divestment.
Tekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, has received the final deferred consideration payment of £0.5m relating to the Subsea Innovation Limited divestment to Unique Group for £1.9m in May 2024.
GENERAL UPDATE