National World Plc (LSE:NWOR) acquired ScoopDragon Publishing Limited and Not A Newspaper Limited on December 24, 2022. The cash paid on completion of the acquisition of Not A Newspaper Limited was £0.13 million. The share purchase agreement stipulates that deferred consideration will be payable in December 31, 2023 and December 31, 2024, subject to future performance conditions. As the deferred consideration is based on future performance the value and expectation of any deferred consideration is uncertain and the fair value is determined as £nil. David Poutney and James Serjeant of Dowgate Capital Limited acted as financial advisor and as broker to National World

National World Plc (LSE:NWOR) completed the acquisition of ScoopDragon Publishing Limited and Not A Newspaper Limited on December 24, 2022.