Completion of purchase of head office freehold

RNS Number : 6111A

Eckoh PLC

23 December 2014

 



For immediate release

23 December 2014

Eckoh PLC ("Eckoh")

Completion of purchase of head office freehold

Eckoh plc (AIM:ECK), the global provider of secure payment products and customer service solutions, today announces the completion of the acquisition of the freehold of its existing Hemel Hempstead head office. The acquisition originally announced in July 2014, completed on 23 December 2014 for consideration of £2.9m. The consideration is to be entirely funded by debt provided by Barclays Bank and to be repaid over five years.

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For more information, please contact:

Eckoh plc

Nik Philpot, Chief Executive Officer                                                                     Tel: [phone]

Adam Moloney, Group Finance Director

www.eckoh.com

Buchanan

Sophie McNulty

Gabriella Clinkard                                                                                                        Tel: [phone]

www.buchanan.uk.com

N+1 Singer

Shaun Dobson, Ben Wright                                                                                      Tel: [phone]

About Eckoh plc

Eckoh plc (AIM: ECK) is the UK's leading provider of multi-channel customer service and secure payment solutions. We are a PCI DSS Level One accredited Service Provider, currently processing over £650 million in card payments annually.

Eckoh's solutions enable payments, transactions and enquiries to be processed without the caller needing to talk to a contact centre agent. This significantly reduces our clients' costs, whilst freeing up their agents to deal with more complex enquiries. Eckoh is the largest provider of such hosted services in the UK.

Our secure and resilient infrastructure has the scalability to handle up to 6,000 calls simultaneously, which means that calls will always be answered no matter how unpredictable the circumstances.

For more information, visit: www.eckoh.com

 

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