Investegate |Gateley (Holdings) Announcements | Gateley (Holdings): Earnout Consideration
Payment of earnout consideration to Gateley Vinden Gateley (Holdings) Plc (AIM:GTLY), the legal and professional services group, announces that pursuant to its acquisition of The Vinden Partnership Limited (now Gateley Vinden) as announced on 6 March 2020, the Board has approved the payment of £0.3m deferred consideration based on Gateley Vinden's performance for the year ended 31 August 2020 (the "Deferred Consideration"). The Deferred Consideration will be settled entirely in Ordinary Shares of 10p each in the capital of the Company ("Ordinary Shares") at a price of 152 pence p...