Smartspace Software Plc completes the sale of its Enterprise software business

  • Aug 13, 2020 BST
  • Team Kalkine
Smartspace Software Plc completes the sale of its Enterprise software business


Smartspace Software Plc (LON: SMRT) has completed the sale of its Enterprise software business to Four Winds Interactive UK Limited.

  • The company has received an aggregate cash consideration of £4.6 million from Four Winds Interactive UK Limited, which is a subsidiary of Four Winds Interactive.
  • The payment is subject to adjustment following completion based on actual net current assets and its cash and indebtedness position, at completion, while a further £0.4 million is deferred pending the receipt of a refund of corporation tax in respect of R&D tax credits for FY 20.
  • On 13August 2020, at the time of writing, GMT 10:46 AM, SMRT shares were trading at GBX 69.00, up by 7.50 points or 12.20% against the previous day closing price.


The website is a service of Kalkine Media Ltd, Company Number 12643132. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform.


With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK