9th Oct 2024 12:40
Pressure Technologies PLC - Sheffield, England-based engineering firm - Completes the sale of its precision machined components division to Raghu Vamsi Machine Tools Private Ltd. Terms of the sale remain the same as announced on September 27. The division has been sold for GBP6.2 million, with sale proceeds to go towards repaying a GBP1 million balance on Pressure Technologies' November 2023 term loan.
Current stock price: 30.60 pence, down 1.3% in London on Wednesday afternoon
12-month change: up 13%
By Holly Beveridge, Alliance News senior reporter
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