Update to @Noddy74's post regarding Straker's acquisition of IDEST

• Upfront payment on completion of EUR€1.75 million (NZ$2.902 million)
• additional consideration to IDEST’s vendors of up to an additional EUR€2.5m in cash over two years, the majority of which is contingent on hitting revenue growth targets.
• Funded through existing company cash reserves.
• Reconfirmed guidance of more than NZ$50m revenue for FY22.

Disclosure: Holder of BTI