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Getech Completes Sale and Leaseback of Office Property

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Getech Group plc ( (GB:GTC) ) has provided an update.

Getech Group plc has completed the sale and partial leaseback of its Nicholson House office property for £725,000, as previously announced. This transaction is part of Getech’s strategic efforts to optimize its asset base, potentially enhancing its financial flexibility and operational focus in the subsurface resource location industry.

More about Getech Group plc

Getech Group plc is a leading company specializing in locating subsurface resources crucial for global energy security and sustainable transition. The company utilizes unique geoscience expertise, AI-driven analytics, and extensive geospatial insights to identify new energy and mineral resources, serving clients across corporate, government, and regulatory sectors to support a shift towards low carbon energy sources.

YTD Price Performance: -2.33%

Average Trading Volume: 258,058

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £3.2M

Find detailed analytics on GTC stock on TipRanks’ Stock Analysis page.

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