leadf
logo-loader
RNS
viewConcha PLC

Concha plc - Update re Ve Interactive Limited

RNS Number : 1070D
Concha plc
26 January 2018
 

Concha PLC

For immediate release

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

Concha PLC

("Concha" or "the Company")

 

Update re Ve Interactive Limited

 

 

The Company notes the High Court ruling announced earlier this week where the Administrators to Ve Interactive Limited ("Ve"), were removed by the Court and replaced by Deloitte.  It is too early to say what this may mean for our investment in Ve, if anything, but the Directors will closely monitor the situation and make further announcements as appropriate.  The value of Concha's investment in Ve is currently fully impaired on the Company's balance sheet

 

For further information, please contact:

Concha PLC

Chris Akers, Chairman

 

[email protected]

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady/Andrew Emmott

 

+44 (0)20 3368 3550

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
UPDFKADPPBKDBDB

Quick facts: Concha PLC

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read