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365 365 Agile Group

4.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
365 Agile Group LSE:365 London Ordinary Share GB00BYY8NN14 ORD 30P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

365 Agile Group PLC Further re Company Update (1864I)

26/08/2016 7:00am

UK Regulatory


365 Agile (LSE:365)
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From Apr 2019 to Apr 2024

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TIDM365

RNS Number : 1864I

365 Agile Group PLC

26 August 2016

365Agile Group plc

("365Agile", the "Group" or the "Company")

Further re Company Update

Further to the announcement dated 22 August 2016, following the completion of the consultation, the Board has decided to close the Nottingham operations and staff have been given formal notice of termination of employment.

The Company continues to own the IP to the 365Agile suite of software solutions and will continue to receive the payments due from its licence agreement with Castleton Technology plc.

The Company is now deemed to be an AIM Rule 15 cash shell and has six months to make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 of the AIM Rules or otherwise seek readmission as an investing company with the attendant requirement to raise at least GBP6 million on or immediately before such readmission.

Contacts:

 
 365 Agile Group plc                     +44 (0) 345 504 0365 
 Clive Carver, Non-executive Chairman 
 finnCap Limited                         +44 (0)20 7220 0500 
 Geoff Nash/Scott Mathieson 
 MXC Capital Markets LLP                 +44 (0)20 7965 8149 
 Charlotte Stranner/ Marc Young 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

FURLLFIRTAIEFIR

(END) Dow Jones Newswires

August 26, 2016 02:00 ET (06:00 GMT)

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