If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRiverfort Regulatory News (RGO)

  • There is currently no data for RGO

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
9th Aug 20137:00 amRNSHalf Yearly Report
4th Jul 201310:32 amRNSNotice of Trading Update
18th Jun 201311:32 amRNSUpdate - Bison Energy Services Limited
17th Jun 20134:51 pmRNSHolding(s) in Company
28th May 20131:45 pmRNSHolding(s) in Company
17th May 20137:00 amRNSResult of AGM
30th Apr 201310:41 amRNSAnnouncement by Brady Exploration plc ("Brady")
18th Apr 20137:00 amRNSFinancial Statements for the year ended 31 Dec 12
8th Apr 20134:20 pmRNSInvestment in Astar
7th Feb 201310:08 amRNSInvestment in Shumba Coal Limited
28th Dec 20127:00 amRNSInvestment in IPSO Ventures plc
19th Dec 20127:00 amRNSImplementation of Investing Policy
7th Nov 20127:00 amRNSTrading Update
20th Aug 20127:00 amRNSUnaudited results for the 6 months to 30 June 2012
1st Aug 20129:31 amRNSInvestment in Bison Energy Services Limited
27th Jun 20123:50 pmRNSResult of AGM
1st Jun 201211:26 amRNSAnnual Accounts and Notice of AGM
4th May 20127:00 amRNSFinal Results
22nd Mar 201211:42 amRNSHolding(s) in Company
13th Mar 201212:28 pmRNSInvestment in Pan Pacific Agg. & award of options
17th Feb 20129:47 amRNSInvesting Policy Update
1st Feb 20127:00 amRNSChange of Name of Nominated Adviser and Jt Broker
24th Jan 20121:25 pmRNSHolding in Company
24th Jan 20127:00 amRNSInvestment in Leed Petroleum plc
29th Dec 20116:30 pmRNSHolding(s) in Company
22nd Dec 20111:55 pmRNSInvestment in Leed Petroleum plc
26th Oct 20114:14 pmRNSInvestment in Capcon Holdings plc
28th Sep 20117:00 amRNSResults for 6 months ended 30 June 2011
26th Jul 20112:24 pmRNSResult of AGM
19th Jul 20117:00 amRNSHolding(s) in Company
12th Jul 20117:00 amRNSIssue of Equity
23rd Jun 20117:00 amRNSPreliminary Results year ended 31 December 2010
13th Jun 201110:06 amRNSChange of Registered Office
10th Jun 20113:48 pmRNSAppointment of Joint Broker
9th Jun 20113:20 pmRNSHolding(s) in Company
1st Jun 20113:39 pmRNSBoard Changes
27th May 20117:00 amRNSHolding(s) in Company
17th May 20113:55 pmRNSIssue of new equity and total voting rights
11th May 20117:00 amRNSResult of GM, board change and total voting rights
28th Apr 20117:00 amRNSBoard Changes
7th Apr 20117:00 amRNSNotice of General Meeting
5th Apr 20117:00 amRNSAdditional Funds Raised
31st Mar 20117:00 amRNSPlacing and proposed investing policy
16th Mar 20117:00 amRNSOption agreement lapsed
20th Jan 20117:00 amRNSIssue of option
11th Oct 201012:30 pmRNSDirector/PDMR Shareholding
30th Sep 20107:00 amRNSHalf Yearly Report
26th Jul 20107:00 amRNSPartnership Agreement
25th Jun 20104:02 pmRNSResult of AGM
3rd Jun 20107:00 amRNSFinal Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.