Petrol pump company sold for up to E9 million

Ian Guider

Petrol pump company sold for up to E9 million
Thu, 18 Aug, 2005 - 01:00

The directors of RPS are listed on company documents as Thomas and Maureen Melvin, Brendan Kavanagh and Paul Farren.

They will initially get E5 million in cash and 593,570 Torex shares (worth E1 million). If the company meets profit targets, the shareholders will get a further E3 million.

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