20 Sep 2017 15:05
YOLO Leisure and Technology plc
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("YOLO" or the "Company")
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Realised gains
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Yolo announces that it has sold 1,743,023 shares in GFinity (GFIN.L) for net proceeds of £445,357, crystallising a gain of £148,707 against the original cost of investment and a gain of £122,898 against the carrying value of these shares as at 31 March 2017. The Company continues to hold 400,000 shares in GFinity at a book value of £68,000.00. The Company currently has no immediate plans to dispose of the remaining shares.
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Yolo intends to use the net proceeds of the disposal for further investment opportunities.
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YOLO Leisure and Technology plc | Â |
Simon Lee Robinson | simon.robinson@yoloplc.com |
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Cairn Financial Advisers LLP | Â |
Sandy Jamieson, Emma Earl | Tel: +44 20 7213 0880 |
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Peterhouse Corporate Finance Limited (Sole broker) |  |
Duncan Vasey / Lucy Williams | Tel: + 44 20 7220 9797 |
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Walbrook PR Ltd | Tel: +44 20 7933 8787 or yolo@walbrookpr.com |
Paul McManus | Mob: +44 7980 541 893 |
Sam Allen | Mob: +44 7884 664 686 |
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