News
Payment of Additional Deferred Consideration
01 October 2008
Ekay PLC, a leading regional advertising and marketing services agency, today announces that pursuant to the acquisition of WFCA Integrated Limited, announced on 14 March 2008 and completed on 4 April 2008, the Company has paid £404,804 of additional deferred consideration to the vendors. As per the terms of the Acquisition Agreement the additional consideration was paid following the utilisation of certain tax credits available to WFCA, thereby contributing to the Net Asset Value of WFCA as at 4 April 2008 being in excess of £500,000.
Enquiries:-
Ekay PLC
Tel: 01892 511085
Michael Richards, CEO
Steve Latter, Finance director
Daniel Stewart & Company Limited
Tel: 020 7776 6550
Simon Leathers