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Pin to quick picksRiverfort Regulatory News (RGO)

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Smarttech247 - partial disposal

26 Feb 2024 08:59

RNS Number : 4402E
RiverFort Global Opportunities PLC
26 February 2024
 

26 February 2024

 

RiverFort Global Opportunities plc

 

("RGO" or the "Company")

 

 

Smarttech247 Group plc ("Smarttech247") - partial disposal

 

 

RGO is pleased to announce that it is has sold 4 million shares in Smarttech247 at a price of 19 pence per share, raising gross proceeds of circa £760,000. RGO still retains a shareholding of 3,642,161 shares or 2.9% of the company.

 

 

Philip Haydn Slater, Chairman, said:

 

"Whilst we remain very positive about our investment in Smarttech247 and this company's prospects, as previously announced, the Board is in the process of reviewing various options for the Company to provide better value and returns for its shareholders and so we have taken the opportunity to realise a profit and increase our level of cash resources to provide additional flexibility as part of this process."

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

Enquiries:

 

RGO plc

Philip Haydn Slater, Chairman

Nicholas Lee, Investment Director

 

Tel: +44 (0) 20 3368 8978

Nominated Adviser

Beaumont Cornish

Roland Cornish

Felicity Geidt

 

Tel: +44 (0) 20 7628 3396

Joint Broker

Peterhouse Capital Limited

Duncan Vasey/Lucy Williams

 

Tel: +44 (0) 20 7469 0935

Tel: +44 (0) 20 7469 0936

Joint Broker

Shard Capital Partners LLP

Damon Heath/Erik Woolgar

Tel: +44 (0) 20 7186 9950

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DISUNVWRSNUUURR
Date   Source Headline
22nd Mar 20247:30 amRNSSuspension - Riverfort Global Opportunities PLC
22nd Mar 20247:00 amRNSInvestment, portfolio redemption, reverse takeover
1st Mar 202412:42 pmRNSHolding(s) in Company
26th Feb 20248:59 amRNSSmarttech247 - partial disposal
26th Feb 20247:01 amRNSTR-1: Notification of major holdings
7th Feb 202410:03 amRNSTrading update - Smarttech 247
31st Jan 20243:42 pmRNSTrading Update
20th Dec 20236:16 pmRNSInvestee Company Update - Emergent Entertainment
1st Dec 202311:52 amRNSHolding(s) in Company
29th Nov 20234:18 pmRNSResult of AGM
7th Nov 20237:00 amRNSNotice of AGM
27th Sep 20237:00 amRNSHalf-year Report
12th Sep 20234:15 pmRNSHolding(s) in Company
31st Aug 20239:30 amRNSHolding(s) in Company
8th Aug 20237:00 amRNSHolding(s) in Company
23rd Jun 20237:00 amRNSFinal Results
16th Jun 20233:51 pmRNSHolding(s) in Company
27th Apr 20237:30 amRNSInvestee Smarttech247
12th Jan 20231:16 pmRNSDirector/PDMR Shareholding
15th Dec 20229:14 amRNSInvestee Smarttech247 - admission to AIM
1st Dec 202210:03 amRNSInvestment in Smarttech247 Group plc
16th Nov 20227:00 amRNSInvestment in Gaussin SA
27th Oct 20222:06 pmRNSSecond Price Monitoring Extn
27th Oct 20222:00 pmRNSPrice Monitoring Extension
25th Oct 202212:32 pmRNSUpdate on investment in Pluto Digital plc
30th Sep 20227:00 amRNSHalf-year Report
12th Sep 20227:00 amRNSHolding(s) in Company
3rd Aug 20222:03 pmRNSResult of AGM
18th Jul 20226:11 pmRNSDirector/PDMR Shareholding
8th Jul 20227:00 amRNSNotice of AGM and proposed Dividend Declaration
7th Jul 20224:57 pmRNSHolding(s) in Company
24th Jun 20227:00 amRNSFinal Results
21st Jun 20222:59 pmRNSTR1 - Notification of Major Holdings
1st Jun 20221:00 pmRNSUpdate on Pires Investments plc
20th May 20224:16 pmRNSHolding(s) in Company
14th Apr 20227:21 amRNSTrading Update
25th Jan 20227:00 amRNSReplacement Update on Investment in Pluto Digital
24th Jan 20221:56 pmRNSUpdate on investment in Smarttech247
24th Jan 20221:38 pmRNSUpdate on investment in Pluto Digital plc
22nd Dec 20219:58 amRNSUpdate on investment in Pluto Digital Assets plc
12th Nov 20219:54 amRNSHolding(s) in Company
29th Sep 20217:00 amRNSHalf-year Report
15th Sep 20217:44 amRNSUpdate on investee company - Pires interim results
4th Aug 20211:35 pmRNSSmarttech 247 - update on investee company
3rd Aug 20217:00 amRNSDividend payment and update
9th Jul 20211:30 pmRNSResult of AGM
1st Jul 20217:00 amRNSTotal Voting Rights
29th Jun 20217:00 amRNSPurchase order under Smarttech 247 contract win
24th Jun 20217:00 amRNSUpdate on Investee Company
16th Jun 20212:04 pmRNSHolding(s) in Company

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