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Primorus Investments Sells Stake in Virtualstock for £720,000

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Primorus Investments Sells Stake in Virtualstock for £720,000

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Primorus Investments ( (GB:PRIM) ) has shared an announcement.

Primorus Investments plc has announced the sale of its stake in Virtualstock Holdings Limited to a third-party buyer. The transaction is expected to bring Primorus up to £720,000, comprising cash, deferred consideration, and an equity interest in the acquiring company. This move is significant for Primorus as it may impact its financial position and investment strategy moving forward.

More about Primorus Investments

Primorus Investments plc operates in the investment industry, focusing on acquiring and managing interests in various companies. It primarily engages in identifying and investing in high-growth potential businesses across different sectors.

Average Trading Volume: 443,314

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.96M

For an in-depth examination of PRIM stock, go to TipRanks’ Overview page.

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