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Marlowe Plc settles the deferred consideration for William Martin Compliance Limited

1 min read | September 09, 2020 08:57 PM BST | By Team Kalkine Media
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Marlowe Plc (LON:MRL) has settled the deferred consideration for William Martin Compliance Limited. It is in respect of the Group's announcement dated 21 December 2018 and pursuant to the put and call mechanism described therein.

  • The company has stated that the total deferred consideration of around £3.35 million includes a cash payment of £1.5 million.
  • It also includes the issue of 365,613 new ordinary shares of £0.50 each in the capital of the company.
  • On 9 September 2020, at the time of writing, GMT 10:05 AM, MRL shares were trading at GBX 523.00, unchanged against the previous day closing price.

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