Koovs PLC CMD & Notification of Intention to Raise Capital (8463F)

TIDMKOOV

RNS Number : 8463F

Koovs PLC

22 May 2017

22(nd) May 2017

Koovs plc

Capital Markets Day

and

Notification of Intention to Raise Capital

Koovs plc ("Koovs", the "Company" and, together with its subsidiary undertaking, the "Group") (AIM: KOOV), the fashion-forward business focused on the young Indian e-commerce market, will this afternoon host a Capital Markets Day. The event will be hosted by the Group's CEO, Mary Turner and CFO, Robert Pursell, alongside senior members of the Group's management team.

The Company announced on 16 May 2017 that it will look to raise additional capital during the course of the year, and the Company today announces its intention to raise GBP15 million of capital to support the continued delivery of its strategic objectives.

Other than the above no new material information will be disclosed during the presentations.

- Ends -

For further information please contact:

 
 
   Koovs plc 
    Mary Turner/Robert        Tel: +44 (0)20 
    Pursell                   7151 0170 
   Peel Hunt LLP 
   Dan Webster / George 
    Sellar                    Tel: +44 (0) 
    Jock Maxwell Macdonald    20 7418 8900 
    (ECM) 
   Media enquiries: 
    Headland 
    Rob Walker / Lucy         Tel: +44 (0)20 
    Legh                      3805 4822 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 22, 2017 07:09 ET (11:09 GMT)