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EVR Holdings Gets USD1 Million From Partial Share Option Exercise

Mon, 06th Jan 2020 10:40

(Alliance News) - EVR Holdings PLC, a virtual reality entertainment content producer, on Monday said that it will net USD1 million from a partial share option exercise by John Gore Bahamas Ltd.

Live theatre business John Gore Bahamas has exercised option to subscribe for 5 million EVR shares at 15.3 pence per share, around GBP764,647 in total.

The share subscription price of 15.3p per share represents a premium to the company's share price and values the virtual reality firm at GBP220 million. EVR shares were trading 1.0% higher at 5.10 pence per share on Monday morning in London.

EVR also said it has extended the exercise period for the remaining share option for John Gore Bahamas by a further 2 years until December 31, 2021.

By Ife Taiwo; ifetaiwo@alliancenews.com

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EVRH.L Share News (EVRH)

EVR Holdings Gets USD1 Million From Partial Share Option Exercise

EVR Holdings Shares Drop As 2018 Loss Almost Doubles

EVR Holdings dives as costs dwarf revenues

EVR Holdings signs four new music licensing agreements

EVR Holdings ropes in Miles Lewis as chief commercial officer

EVR Holdings Appoints Former Shazam Executive As Commercial Chief

EVR Holdings signs new music deal, extends contract with Warner

WINNERS & LOSERS SUMMARY: Metro Bank Slumps 29% On Annual Profit Miss

EVR to develop new version of MelodyVR for Facebook's Oculus

EVR Appoints Former Universal Music's Finance Head Andy Brown As CFO

EVR Holdings appoints new CFO ahead of first live performance on MelodyVR

EVR teams up with Ibiza Rocks

EVR signs deal with Sony/ATV Music Publishing

EVR Interim Loss Widens As Costs Go Up After VR Platform Launch

EVR first-half loss doubles after spending on music VR platform

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