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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
  +0.0075p +23.81% 0.039p 0.038p 0.04p 0.043p 0.031p 0.031p 329,558,361 14:29:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 4.5 -2.1 -0.9 - 2.73

Bould Opportunities PLC Company update

16/04/2019 7:00am

UK Regulatory (RNS & others)


Bould Opportunities (LSE:BOU)
Historical Stock Chart

2 Months : From Mar 2019 to May 2019

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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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April 16, 2019 02:00 ET (06:00 GMT)

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