Acquisition of Crimson UK Limited

RNS Number : 1580W

Restore PLC

17 August 2015

17 August 2015

Restore plc

Acquisition of Crimson UK Limited

Restore plc ('Restore') is pleased to announce the acquisition of Crimson UK Limited ('Crimson'), a document scanning business based in Greater Manchester.

Crimson was purchased for a cash consideration of £1 million on a cash-free, debt-free basis, funded from Restore's existing bank facilities. Further payments up to a maximum of £675,000 over 5 years may be made, conditional on the award and execution of a potential major contract.

For further information please contact:

Restore plc
Charles Skinner, Chief Executive
07966 234 075
Cenkos Securities
Nick Wells
020 7397 8900
Elizabeth Bowman
FTI Consulting
Nick Hasell
020 3727 1234

This information is provided by RNS

The company news service from the London Stock Exchange

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This information is provided by RNS

The company news service from the London Stock Exchange

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