How Does it Work?
You choose when to sell your minority interest to Servitek. The terms of the agreement state that you can approach Servitek once each year between the fifth and tenth years of the agreement.Once we have received your request to sell a proportion, or all, of your minority shares, the Servitek Group finance team will conduct a process of due diligence to value your shares and will consider the sustainability of the business that you have built.
A valuation will be placed on your shares and they will be exchanged for a mixture of Servitek Group shares and cash in accordance with the terms of the agreement. You are not allowed to sell these shares until two years after your earn out but will be entitled to receive the dividends.