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Very positive...brings water to my eyes in a good way gl all....
All...Frost in Shropshire,and Bob shropshire isn't in Wales lol....
Nice push up today..
Touched £3.00 yesterday...be nice to see a push up today...
SUMO GROUP PLC
(the "Company")
Issue of Equity and Total Voting Rights
Issue of Deferred Consideration Shares
Sumo Group plc (AIM: SUMO) announces the issue of 1,162,791 Ordinary Shares as deferred consideration for the acquisition of Red Kite Games Limited. These shares are being issued on the first anniversary of the completion of the acquisition in accordance with the terms of the acquisition and as previously announced represent £1.5m of deferred consideration based on the share price of 129p at the date of acquisition.
The 1,162,791 Ordinary Shares issued will rank pari pasu with the Company's existing Ordinary Shares and admission to trading on AIM is expected to take place on or around 3 February 2020 ("Admission").
Total Voting Rights
The Company confirms that following Admission, the Company will have 151,768,943 ordinary shares of £0.01 each ("Ordinary Shares") in issue, with one voting right each.
The Company does not hold any shares in treasury. The number of Ordinary Shares with voting rights is therefore 151,768,943.
Accordingly, this figure may be used by shareholders as a denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.......
Morning Cookie indeed just a bit more patience....i suspect results will be better than some think,good luck..
Wreslers...Another blue day today is very welcome 5% a day until update would be great...
Given up on making predictions.....Results will drive the sp here we just have to be a little more patient....just remember were still five years a head of schedule with the project.
Carl Cavers, Chief Executive Officer of Sumo Group, said:
"2019 was another busy and successful year for Sumo Group and one in which we generated strong growth across all areas of the business. We acquired Red Kite Games, opened new studios in Leamington Spa and Warrington and relocated the Red Kite Games studio from Huddersfield to the talent hot-spot of central Leeds. Five studios have been added to the Group since IPO and we now operate globally from 10 studios across the UK, India and Canada. Our appetite to deliver further sustainable growth remains strong and we continue to explore opportunities, both in the UK and overseas, to acquire businesses which show a strong cultural fit with our Group and are based in desirable locations."
"In November, we announced that Tencent Holdings Limited ("Tencent") had acquired a near 10% shareholding in the Group from Perwyn Bidco (UK) Limited. We are delighted by this investment and look forward to exploring development opportunities with Tencent going forward."
"We are seeing many exciting opportunities to deliver more growth in our core markets, served by Sumo Digital and Atomhawk, and I am very pleased with the progress the business is making.
"The Board looks forward to announcing the final results on 1 April and providing shareholders with a full update on the Group's progress."
PRE-CLOSE TRADING UPDATE AND NOTICE OF RESULTS
FY2019 at least in line with management expectations
Sumo Group, the award-winning provider of creative and development services to the video games and entertainment industries, announces that it will report its final results for the full year ended 31 December 2019, which are expected to be at least in line with market expectations, on Wednesday 1 April 2020.
The Board is pleased to report that a number of significant contracts were secured towards the end of 2019 which underpin the Group's financial forecasts for the year ahead.
At 31 December 2019, the Group had positive cash balances of £12.9m and employed 766 people, an increase of 174 from the figure at the previous year end.
Well done on your investment here.......We have touched the £4 in the past and will again..
Another top up for me today...
https://www.lse.co.uk/rns/SOS/trading-update-cjaisezw5vhqfwd.html
MORNING Bob hope your well....very true but hopefully we can put some of these issues to bed when we get some production figures......
All good to see everyone getting on so well....sort of gives you a warm fuzzy feeling lol....
https://www.lse.co.uk/rns/QFI/directorate-changes-yq8f7s3s32ir9r6.html