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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bould Opportunities Plc | LSE:BOU | London | Ordinary Share | GB00B1TK2453 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.023 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBOU
RNS Number : 2683W
Bould Opportunities PLC
16 April 2019
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
16 April 2019
Bould Opportunities PLC
("Bould" or the "Company")
Company update
The board of directors of Bould Opportunities plc (the "Board") notes the share price movement in recent weeks and confirms that it is not aware of any reason for such a movement.
As detailed in the announcement on 9 April 2019, the Board believe that whilst the current cash position is enough to meet the Company's immediate cash requirements, it is not enough to deliver on the new strategy approved at the General Meeting.
The Board is therefore considering other funding strategies which may include pre-emptive share issues such as an Open Offer or issuances of shares outside of the current pre-emptive authority conditional on further approval from shareholders.
Any such fundraise, if concluded, may be at a material discount to the current market price.
The Company can confirm that whilst it is the Company's intention to find a reverse takeover target, it is not in any advanced discussions with any such target.
For further information:
Bould Opportunities plc (www.photonstarled.com) +44 (0)20 3198 2554
Martin Lampshire, non--executive Director
Allenby Capital Limited (nominated adviser) +44 (0)20 3328 5656
John Depasquale / Nick Naylor
Peterhouse Capital Limited (sole broker) +44 (0)20 7469 0930
Lucy Williams / Duncan Vasey
END
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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(END) Dow Jones Newswires
April 16, 2019 02:00 ET (06:00 GMT)
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