RE: Top Slicing8 Jul 2018 22:03
Update on capital raising Yeaaaaah!! :D
''Transformational deal for Koovs
Koovs plc ("Koovs", or the "Company") AIM: KOOV, the leading e-commerce fashion business, is delighted to announce that it has reached a conditional agreement with Future Lifestyle Fashions Limited ("FLFL"), part of Future Group - India's largest retail group, for FLFL to subscribe for up to a 29.9 per cent stake in Koovs.''
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=KOOV&ArticleCode=jggg6hr0&ArticleHeadline=Update_on_Capital_Raising_-_Future_Group&ahc=q11nfq8b
''Lord Alli, Chairman of Koovs, said: "This marks a giant step forward in the Koovs' journey to win the e-fashion market in India. FLFL with its leadership position as an integrated branded fashion player   and the Koovs brand and technology platform are an unbeatable combination. This investment will bring enormous benefits to our customers and partners as well as significant value for all shareholders." ''
As I keep saying, KOOVs been doing e'thing for a while now to pull out all the stops.....hey presto!