- Pebble Beach Systems Group (PEB) has confirmed that xG Technology Inc ("xG") have settled a further sum of $1.6m of the remaining deferred consideration of $6.5m (due on 17 March 2017) by taking on liability for settling $1.6m of VCS trade creditors.

Following this payment, the deferred consideration due from xG is reduced to $4.9m.

At 1:55pm: [LON:PEB] Pebble Beach Systems Group Plc Ord 2.5p share price was +0.13p at 6p

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