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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bagir Group Ltd. | LSE:BAGR | London | Ordinary Share | IL0011317216 | ORD ILS0.04 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.475 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMBAGR
RNS Number : 9494A
Bagir Group Ltd
04 January 2018
4 January 2018
Bagir Group Ltd.
("Bagir" or the "Company")
Update relating to strategic partnership with Shandong Ruyi
Bagir (AIM: BAGR), a designer, creator and provider of innovative tailoring, provides an update in relation to its proposed strategic partnership with Shandong Ruyi Technology Group Ltd ("Shandong Ruyi Group"), a leading Asian global textile manufacturer, under which Shandong Ruyi will invest $16.5 million to acquire c.54%(1) of the Company's enlarged issued share capital. Further details are contained in Bagir's announcement of 23 November 2017.
Shandong Ruyi Group has updated Bagir that it has made the transfer of the $1.65m initial deposit payment to Bagir. Bagir will update the market once this payment has been received.
(1) Approx. 51% fully diluted
For further information, please contact:
Bagir Group Ltd. via Novella Communications on: Eran Itzhak, Chief Executive Officer +44 (0) 20 3151 7008 Udi Cohen, Chief Financial Officer Tessa Laws, Non-Executive Chairman N+1 Singer Alex Price +44 (0) 20 7496 3000 Novella Tim Robertson Toby Andrews +44 (0) 20 3151 7008
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCDZLBBVFFEBBV
(END) Dow Jones Newswires
January 04, 2018 03:00 ET (08:00 GMT)
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