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Pin to quick picksRiverfort Regulatory News (RGO)

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Trading Update

14 Apr 2021 13:14

RNS Number : 4814V
RiverFort Global Opportunities PLC
14 April 2021
 

 

14 April 2021

RiverFort Global Opportunities plc

("RGO" or the "Company")

Trading update

On 21 December 2020, the Company announced its Q3 update for the period to 30 September 2020 which demonstrated positive trading by the Company for the first nine months of 2020. The Company is currently preparing its financial accounts and is proceeding with its audit process for 2020 and it is currently expected that its results for the year to 2020 will be announced in May 2021. Trading has continued to be positive in the last quarter of 2020 such that the net profit for the year is expected to be in excess of £1.3 million, compared to the previous year's figure of £623,690 and net assets are expected to exceed £8.8 million compared to the figure as at 31 December 2019 of £7,878,417. These figures are provisional and, as stated above, are subject to audit.

In recent months, the Company has seen continued investment activity, however, equity markets have been buoyant and have therefore provided greater funding competition to the structured funding and investment products usually provided by RGO. Whilst RGO is still actively making this type of investment, the Company believes that going forward into 2021, it may become more difficult to access structured investment opportunities with the requisite balance of risk and return.

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").

For more information please contact:

RiverFort Global Opportunities plc

+44 20 3368 8978

Philip Haydn-Slater, Non-executive Chairman

Nicholas Lee, Investment Director

Nominated Adviser

+44 20 7628 3396

Beaumont Cornish

Roland Cornish/Felicity Geidt

Joint Broker

+44 20 7186 9950

Shard Capital Partners LLP

Damon Heath/ Erik Woolgar

Joint Broker

+44 20 7562 3351

Peterhouse Capital Limited

Lucy Williams

 

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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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