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CMD & Notification of Intention to Raise Capital

22 May 2017 12:09

RNS Number : 8463F
Koovs PLC
22 May 2017
 

 

22nd May 2017

 

Koovs plc

 

Capital Markets Day

and

Notification of Intention to Raise Capital

 

Koovs plc ("Koovs", the "Company" and, together with its subsidiary undertaking, the "Group") (AIM: KOOV), the fashion-forward business focused on the young Indian e-commerce market, will this afternoon host a Capital Markets Day. The event will be hosted by the Group's CEO, Mary Turner and CFO, Robert Pursell, alongside senior members of the Group's management team.

 

The Company announced on 16 May 2017 that it will look to raise additional capital during the course of the year, and the Company today announces its intention to raise £15 million of capital to support the continued delivery of its strategic objectives.

 

Other than the above no new material information will be disclosed during the presentations.

 

 

 

- Ends -

 

For further information please contact:

Koovs plc

Mary Turner/Robert Pursell

 

 

Tel: +44 (0)20 7151 0170

Peel Hunt LLP

Dan Webster / George Sellar

Jock Maxwell Macdonald (ECM)

 

 

Tel: +44 (0) 20 7418 8900

Media enquiries:

Headland

Rob Walker / Lucy Legh

 

 

Tel: +44 (0)20 3805 4822

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCGMGZKMZLGNZM
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