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    RIVER   MT0001710103

RIVER TECH P.L.C.

(RIVER)
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River Tech p l c : 14.06.2021River – Completion of sale of Mediafusion Limited and Media 247 AS

06/14/2021 | 12:14pm EDT

River - Completion of sale of Mediafusion Limited and Media 247 AS

Malta, 14 June 2021:

Reference is made to the stock exchange announcement published by River Tech p.l.c. (the "Company", and together with its subsidiaries, the "Group") on 19 October 2020 regarding the sale of Mediafusion Limited and Media 247 AS.

The sale transaction has now been completed for the total purchase price of €600,000 which consideration will be settled in cash as per the details published in the abovementioned announcement. The accounting effect of this transaction was recognized in Q4 2020.

For further information please contact:

David Eynon, CEO RIVER TECH

Phone: +35679053233

Email: david.eynon@river.tech

About RIVER TECH: RIVER TECH P.L.C. is a technology company offering a B2B technology product. Focusing on assisting companies with specialist competencies, by providing secure and tailormade, yet user-friendly solutions, for the delivery of services within the online sphere. RIVER TECH P.L.C. is registered in Malta and is listed on Euronext Growth under the ticker symbol "RIVER-ME".

For more information about RIVER TECH P.L.C: https://www.river.tech/

Disclaimer

River Tech plc published this content on 14 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2021 16:13:06 UTC.


© Publicnow 2021
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Financials
Sales 2020 7,46 M 8,68 M 8,68 M
Net income 2020 0,53 M 0,62 M 0,62 M
Net Debt 2020 15,9 M 18,5 M 18,5 M
P/E ratio 2020 1 035x
Yield 2020 -
Capitalization 125 M 145 M 146 M
EV / Sales 2019 5,73x
EV / Sales 2020 9,18x
Nbr of Employees 60
Free-Float 99,0%
Chart RIVER TECH P.L.C.
Duration : Period :
River Tech p.l.c. Technical Analysis Chart | RIVER | MT0001710103 | MarketScreener
Income Statement Evolution
Managers and Directors
David Eynon Chief Executive Officer
Shawn Bezzina Chief Financial Officer
Fabian Qvist Chairman
Luke Ciantar Chief Technology Officer
Kathleen Zarb Adami Independent Director
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