Gateley (Holdings) Plc (AIM:GTLY) acquired Richard Julian And Associates Limited for GBP 6 million on July 20, 2023. This includes an earn out based on the earnings before interest, tax, depreciation and amortization achieved in its financial year ending April 30, 2024 and financial 2025. Says will pay an initial consideration of GBP3.9 million, of which GBP2.0 million will be paid in cash from a revolving credit facility and GBP1.9 million by allotment and issue of new ordinary shares in Gateley at a price of 10 pence each.

Gateley (Holdings) Plc (AIM:GTLY) completed the acquisition of Richard Julian And Associates Limited on July 20, 2023.