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CRV Craven House Capital Plc

0.20
0.00 (0.00%)
Last Updated: 08:00:23
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Craven House Capital Plc LSE:CRV London Ordinary Share GB00BD4FQ360 ORD USD1.00
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.20 0.15 0.25 0.20 0.176 0.20 0.00 08:00:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -5.26M -5.52M -1.4274 -0.14 772.72k

Craven House Capital PLC Investee company update: OneBas.Com Ltd. (4955T)

24/11/2021 2:55pm

UK Regulatory


Craven House Capital (LSE:CRV)
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From Apr 2021 to Apr 2024

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TIDMCRV

RNS Number : 4955T

Craven House Capital PLC

24 November 2021

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon publication of this Announcement, this information is now considered to be in the public domain.

Craven House Capital plc

Investee company update: OneBas.Com Ltd.

Craven House Capital plc ("Craven House" or the "Company"), the AIM quoted investment company, provides the following update regarding its investee company OneBas.Com Ltd. ("OneBas"), following a review of the Company's investment portfolio in preparation of the publication of its Annual Report and Accounts for the year to May 2021.

The Board has today determined that, whilst there is the prospect of future value in the domain www.onebas.com, the lack of progress in delivering development and growth of this domain and the highly competitive sector in which it operates (the aggregation of freely available music content), the valuation of this investment should be fully impaired. This investment was previously valued at $1.6m.

Ends

For further information please contact:

 
 Craven House Capital Plc           Tel: 0203 286 8130 
  Mark Pajak 
  www.Cravenhousecapital.com 
 SI Capital                         Tel: 01483 413500 
  Broker 
  Nick Emerson 
  www.sicapital.co.uk 
  SPARK Advisory Partners Limited 
   Nominated Adviser                  Tel: 0203 368 3550 
   Matt Davis/James Keeshan 
   www.Sparkadvisorypartners.com 
 

About Craven House Capital:

The Company's Investing Policy is primarily to invest in or acquire a portfolio of companies, partnerships, joint ventures, businesses or other assets participating in the e-Commerce sector.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBIBITMTATBJB

(END) Dow Jones Newswires

November 24, 2021 09:55 ET (14:55 GMT)

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