Update re. Completion of Software Sale

RNS Number : 6298I

Glantus Holdings PLC

05 December 2022

 

Glantus Holdings plc

(''Glantus'' or the ''Company'')

Update re. Completion of Software Sale

Glantus (AIM: GLAN), the provider of Accounts Payable ("AP") automation and analytics solutions, provides an update on the conditional software sale, detailed in the announcement made on 11 October 2022 (the "Software Sale"). The completion date for the Software Sale has now been extended to 12 December 2022. The Company has received £1.26m of the £1.40m consideration, with the balance of £0.14m expected to be paid on 14 December 2022.

Enquiries:

Glantus Holdings
Maurice Healy, CEO Grainne McKeown, CFO [e-mail]	+ 353 86 2677800
Shore Capital
Nominated Advisor and Broker Patrick Castle / John More / Tom Knibbs (Corporate Advisory) Andrew Beswick (Corporate Broking)	+ 44 207 408 4090
Yellow Jersey PR
Charles Goodwin Lilian Filips Annabelle Wills	[phone]

About Glantus Holdings plc

Glantus Holdings (AIM: GLAN) Glantus is a global provider of accounts payable automation and analytics solutions. Glantus' mission is to harness technology to drive innovation, unlocking efficiencies in AP to maximise working capital for global enterprise organisations. The award-winning Glantus DataShark Platform connects all AP systems and suppliers on one agile platform, eliminating cost and delivering new revenue streams. We work in tandem with our partners to deliver joint enterprise digital transformation solutions. For more information see   glantus.com  .

Founded in 2014 and headquartered in Dublin, Glantus has offices in the United States, United Kingdom, Poland and Costa Rica, employing over 120 people.

 

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