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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
17th Apr 200811:03 amRNSStrategic Partnership
30th Nov 20077:00 amRNSInterim Results
27th Nov 20074:52 pmRNSDirectorate Change
28th Sep 200711:23 amRNSRe Agreement
17th Aug 20075:11 pmRNSAIM Rule26 Information
9th Aug 200710:19 amRNSPlacing
3rd Aug 200712:26 pmRNSHolding(s) in Company
27th Jul 20071:12 pmRNSPlacing
27th Jul 20071:07 pmRNSAGM Statement
26th Jun 20077:01 amRNSDirectorate Change
22nd Jun 20074:06 pmRNSFinal Results
8th May 20077:01 amRNSSuccessful Trial Plantation
2nd Feb 20077:00 amRNSReview of Operations
19th Dec 20069:47 amRNSTotal Voting Rights
24th Nov 20067:30 amRNSInterim Results
2nd Oct 20067:30 amRNSDirectorate Change
28th Jul 20069:08 amRNSChange of Nomad and Broker
23rd Jun 20067:00 amRNSFinal Results
19th May 20069:28 amRNSNotice of Results
9th May 20067:30 amRNSTrading Update
8th Feb 20067:00 amRNSBoard Appointment
6th Feb 20067:00 amRNSSecond order secured
9th Jan 20067:00 amRNSInitial Order
28th Nov 20057:00 amRNSInterim Results
25th Nov 20058:00 amRNSCancellation
2nd Nov 20057:00 amRNSPR Adviser & notice of result
27th Oct 200512:30 pmRNSTransfer of Listing to Aim
27th Oct 200512:30 pmRNSSch 1 - Caldwell Investments
10th Oct 20051:10 pmRNSTransfer to AIM
18th Aug 20055:14 pmRNSNinaSun at Majestic Hotel
8th Aug 200512:29 pmRNSNinaSun - Dewsbury on Sea
1st Aug 20052:53 pmRNSHolding(s) in Company
29th Jul 20052:08 pmRNSHolding(s) in Company
21st Jul 20055:44 pmRNSRights Issue Result
29th Jun 200512:45 pmRNSRights Issue
20th Jun 200510:38 amRNSNinaSun launch diner/recliner
27th May 200511:39 amRNSFinal Results
18th May 200511:41 amRNSNotice of Results
7th Apr 200511:14 amRNSHolding(s) in Company
24th Mar 20059:49 amRNSHolding(s) in Company
18th Mar 20053:20 pmRNSDirector Shareholding
16th Mar 20057:02 amRNSCommercial Website Launch
15th Mar 20057:00 amRNSAppointment of New Adviser
22nd Feb 200511:13 amRNSShare Option
22nd Feb 20057:00 amRNSFirst Order Received
4th Feb 200512:35 pmRNSHolding(s) in Company
27th Jan 20054:25 pmRNSHolding(s) in Company
5th Jan 20055:13 pmRNSDirectorate Change

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