Global Connectivity PLC - Isle of Man-based broadband provider to rural areas in the UK, formerly known as Rural Broadband Solutions PLC - Receives GBP550,000 in full and final settlement of an intercompany debt, paid early and in full, initiated by Tiger Infrastructure Partners. Under the terms of the agreement signed with Tiger in October last year, the company was contracted to receive two cash payments from Tiger, each of GBP275,000, by end of 2023 and end of 2024.

Chair Keith Harris says: "We are happy to be receiving these monies in full and ahead of schedule."

Current stock price: 1.351 pence

By Sophie Rose, Alliance News reporter

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