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Completion of acquisitions

12 Feb 2019 07:00

RNS Number : 6940P
Draper Esprit PLC
12 February 2019
 

THIS ANNOUNCEMENT AND THE INFORMATION IN IT, IS RESTRICTED, AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT HAS BEEN ISSUED BY AND IS THE SOLE RESPONSIBILITY OF THE COMPANY.

 

Draper Esprit plc

("Draper Esprit" or the "Company")

completion of Acquisitions

 

Draper Esprit (AIM: GROW, ESM: GRW), a leading venture capital firm investing in and developing high growth digital technology businesses across Europe, is pleased to announce that further to the announcement dated 7 February 2019, the Company has completed the acquisition of the 27 per cent. interest in EB IV and the 5 per cent. interest in DEF.

Defined terms used in this announcement have the same meaning as those within the Company's announcement on 21 January 2019.

 

Enquiries

Draper Esprit plc

Simon Cook (Chief Executive Officer)

Ben Wilkinson (Chief Financial Officer)

+44 (0)20 7931 8800

Numis Securities

Nominated Adviser & Joint Broker

Alex Ham

Richard Thomas

Jamie Loughborough

+44 (0)20 7260 1000

Goodbody Stockbrokers

ESM Adviser & Joint Broker

Corporate Finance: Don Harrington / Richard Tunney

Corporate Broking: Linda Hickey / Charlotte Craigie

+44 (0) 20 3128 8570

MHP Communications (PR)

Reg Hoare

Pete Lambie

Flo Mayo

+44 (0)20 3128 8570

 draperesprit@mhpc.com

 

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.
 
END
 
 
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