RE: Toe Dipping23 Apr 2020 12:18
RNS News item - As outlined in the launch announcement for the Placing, the directors of the Company (the "Directors") believe that the net proceeds of the Placing (approximately £8.1m) will, when combined with its new bank facilities, provide the Company with sufficient capital to manage through the Covid-19 crisis, even in the event of a protracted period before the Government allows hospitality businesses to re-open, and to subsequently recommence its roll-out at the appropriate time.