Hydrogen Group to acquire Argyll Scott (Holdings) Ltd for £3.3m
Global specialist recruiter Hydrogen Group has conditionally agreed to acquire the entire issued share capital of Argyll Scott (Holdings) Ltd for £3.3m.
FTSE AIM All-Share
728.67
15:45 15/11/24
n/a
n/a
Hydrogen Group
42.50p
16:55 16/10/20
6.25%
2.50p
Support Services
10,885.48
15:45 15/11/24
-0.85%
-93.62
It would issue 9.03m consideration shares, or about 27.4% of its enlarged share capital.
Hydrogen would subsequently acquire the minority interests in separate tranches up to April 2021 to be satisfied by payment in cash and/or through the issue of new shares.
The Argyll Scott Group was founded in 2009 and recruits for contract, interim and permanent middle management positions across key business functions including accounting & finance, business transformation, marketing, sales and technology across APAC and EMEA.
At 10:26 BST, shares in AIM-listed Hydrogen Group were flat at 36.25p each.