29 Nov 2017 17:18
Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.
29 November 2017
reach4entertainment enterprises plc
('r4e', 'the Company' or 'the Group')
Statement re press speculation
r4e, the transatlantic media and entertainment company, notes the recent press speculation and confirms that the Company is currently pursuing a potential fundraising via a placing of new ordinary shares in the Company and potentially at a discount to the current mid-market price per share.
There can be no guarantee that a placing will proceed and further announcements will be made as necessary.
Enquiries:
reach4entertainment enterprises plc | +44 (0) 20 7968 1655 |
Marc Boyan, Chief Executive Officer
| |
Allenby Capital (Nominated Adviser and Broker) | +44 (0) 20 3328 5656 |
Jeremy Porter/James Reeve
| |
Novella Communications (Financial PR) | +44 (0) 20 3151 7008 |
Tim Robertson/Toby Andrews |
R4E.L (R4E)