How much did ARMOUR GROUP PLC pay to buy THE HI-END LTD (both UK companies) in 2004?

Dear jjfap-ga,

The following information appears in the Company?s 2004 Annual Report.

Page 9 
?On 23 September 2004, the Group announced the acquisition of The
Hi-End Limited (?Hi-End?) [...] The consideration, payable in cash
from the Group?s existing facilities, totals £1.75 million of which
£1.6 million was paid on completion with the balance being payable
three months after completion. The
net assets acquired at completion of £0.4 million, which included £0.3
million in cash, generated an attributable profit before taxation of
£0.28 million in the year ended 31 December 2003 on sales of £1.2
million.?

Page 53
?28 POST BALANCE SHEET EVENTS
On 23 September 2004, the Group announced the acquisition of The
Hi-End Limited for a consideration of £1.75 million satisfied by £1.6
million in cash and £0.15 million in cash but deferred for three
months subject to confirmation of the net asset position at
completion.?

http://www.armourgroup.uk.com/downloads/Armour_Group_RA.pdf


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