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Sale of Open Registry group of companies

4th Jan 2017 07:00

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)

+44 (0)161 209 5432

Rob Cotton, Chief Executive

Instinctif Partners

Adrian Duffield

+44 (0)20 7457 2020

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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