12th Feb 2019 12:17
LONDON (Alliance News) - Kainos Group PLC on Tuesday said it acquired a site to develop its future Belfast headquarters for GBP7.1 million.
The company paid 10% of the purchase price as a deposit, with the remaining balance due on completion, expected in June.
The purchase was founded by the firm's existing cash resources.
"Our people remain central to everything we do and we want to ensure that our staff work in the best environment possible. As well as the additional capacity that the office will bring to our business and workforce, this investment, and the location of our new HQ, signals our commitment to retaining and attracting the best staff," Chief Executive Officer Brendan Mooney said.
Kainos shares were trading up 0.7% at 450.00 pence each.
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Kainos Group