Investegate |FireAngel SafetyTech Announcements | FireAngel SafetyTech: Result of Open Offer, Directors Dealings & TVR investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
The following amendment has been made to the Placings and Open Offer announcement released on 30 April 2021 at 7.00 a.m. under RNS No 1510X.
The date underlined in the following sentence has been changed from June 2022 to 2024 within the body of the announcement: Thereafter, once production of the next generation smoke alarm has commenced, a royalty fee per product will be payable to the Company as the manufacturing partner, with a multi-million volume fee agreed for the initial thirty months, with a minimum royalty fee commitment of €3.0 million (estimated to exceed £1.0 million by 2024).
All other details remain unchanged.
The full amended text is shown below.