Hydrodec confirms further investment in HoNA

Hydrodec has confirmed that G&S Technologies Group has acquired an additional 12.45% of Hydrodec's US operation, Hydrodec of North America, for US$1.7 million under an agreement announced in 2013.

The consideration has been satisfied by the provision of feedstock to the value of US$1.37 million and the payment, with immediate effect, of US$0.33 million in cash.

Upon completion of this purchase Hydrodec retains 62.5% of the voting interests in

At 9:34am: (LON:HYR) Hydrodec Group PLC share price was +0.31p at 2.63p