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Keo PLC — M&A Activity 2014
Jun 19, 2014
2474_iss_2014-06-19_ac2ad640-86f8-4cbd-95e4-38f27a37b780.pdf
M&A Activity
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Announcement
Sale of Entire Share Capital of Subsidiary Company
The Group of KEO plc informs the investing community that it has completed the sale of the entire share capital of its Subsidiary Company, Fifty Frith Street Ltd, which is based in the United Kingdom, to Shafterbury Soho Limited. The operations of Fifty Frith Street Ltd are the holding of investment property and will not affect the commercial operations of the Group.
The consideration for the sale of the entire share capital amounted to £4.050.000 (Great Britain Pounds) and from the sale resulted a profit of €791.000 for the Group and profit of €4.818.000 for the Company.
Limassol. 19 June 2014
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