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Stmnt re Share Price Movement

19 Dec 2019 15:15

RNS Number : 5425X
Dev Clever Holdings PLC
19 December 2019
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THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014

NOT FOR PUBLICATION OR RELEASE IN OR INTO THE UNITED STATES OR AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA, OR ANY PROVINCE OR TERRITORY THEREOF OR TO OR FOR THE ACCOUNT OF ANY NATIONAL, RESIDENT OR CITIZEN OF THE UNITED STATES OR ANY PERSON RESIDENT IN AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA.

19 December 2019

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Dev Clever Holdings plc

("Dev Clever" or "Company")

Statement on share price movement and proposed fundraise

The directors of Dev Clever note the recent movement of the Company's share price.

The Company confirms that it is currently working on completing a placing and subscription of new ordinary shares in the Company. The terms of the fundraise have not yet been determined.

There can be no certainty that the fundraise referred to above will be concluded nor as to the timing, terms, pricing or size thereof.

A further announcement will be made in due course.

ENQUIRIES:

Dev Clever Holdings plcΒ 

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Christopher JeffriesChief Executive Officer and Executive ChairmanNicholas YdlibiFinance DirectorΒ 

+44 (0) 845 459 0774Β 

+44 (0) 330 058 2922Β 

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Novum Securities Limited - Joint BrokerColin RowburyΒ 

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+44 (0) 20 7399 9400

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Pello Capital - Joint Broker

Daniel Gee

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+44 (0) 203 700 2534

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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