29 October 2025
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
WH Ireland Group Plc
("WH Ireland" or the "Company"
and with its subsidiaries the "Group")
Deferred Consideration re Capital Markets Division
WH Ireland today announces that its subsidiary, WH Ireland Limited, has now received £1.1m, being the full and final payment due to it under the terms of the asset purchase agreement made between WH Ireland Limited and Zeus Capital Limited, for the sale of the WH Ireland Capital Markets Division (the "Transaction"). Full details of the Transaction are set out in the Company's announcements dated 3 June 2024 and 15 July 2024.
The consideration was calculated by reference to the retainer and transaction revenue generated by the Capital Markets Division within the 12 months after completion of the Transaction.
The cash proceeds will be retained by the Group and utilised for general corporate purposes.
For further information please contact:
| WH Ireland Group plc | |
| Simon Jackson, Chief Finance Officer | +44(0) 20 7220 1666 |
| | |
| Zeus Capital Limited (Nominated Adviser and broker) | |
| Katy Mitchell / Harry Ansell / James Bavister | +44(0) 161 831 1512 |
| | |
| MHP | |
| Reg Hoare / Hugo Harris | +44 (0) 7831 406117 |
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