Sale of Open Registry group of companies

RNS Number : 2520T

NCC Group PLC

04 January 2017

 

4 January 2017

NCC Group

Open Registry group of companies sold for total consideration of €3.75m

NCC Group plc (LSE: NCC or "the Group"), the independent global cyber security and risk mitigation expert, has sold the Open Registry group of companies.

The Open Registry group of companies comprises Open Registry SA, ClearingHouse for Intellectual Property SA, Nexperteam CVBA and Sensirius CVBA. These have been sold to KeyDrive SA and Terrain.com SA for a combined total consideration of €3.75m (subject to customary closing adjustments).

€2m of the total consideration was paid in cash at completion with €1.75m deferred for 18 months. The deferred consideration attracts interest.

Enquiries:

NCC Group (www.nccgroup.trust)	[phone]
Rob Cotton, Chief Executive
Instinctif Partners
Adrian Duffield	[phone]

 

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