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JADE Jade Road Investments Limited

0.18
0.00 (0.00%)
17 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jade Road Investments Limited LSE:JADE London Ordinary Share VGG4S09E1053 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.18 0.17 0.19 0.18 0.17 0.18 0.00 08:00:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt -16.55M -17.72M -0.0505 -0.04 631.28k

Jade Road Investments Limited Completion of the disposal of Legacy Assets

29/05/2024 7:00am

RNS Regulatory News


RNS Number : 1691Q
Jade Road Investments Limited
29 May 2024
 

Jade Road Investments Limited

29 May 2024

JADE ROAD INVESTMENTS LIMITED

("Jade Road Investments", "JADE" or the "Company)

Completion of the disposal of Legacy Assets

 

Following the Company's announcement on 13 May 2024, Jade Road is pleased to confirm that (i) completion of the disposal of the Legacy Assets to Eastern Champion Limited ("Eastern") has occurred, (ii) qualifying Shareholders have been issued with shares in Eastern by way of the In Specie Dividend, and (iii) Noteholders have had their Jade Road Loan Notes replaced with the Eastern Loan Notes.

As a result of the above transactions, JADE is now a vehicle looking to acquire a business via a reverse takeover. Discussions are continuing with a number of parties on this plan.

Capitalised terms used in this announcement have the same meaning given to them in the Company's RNS announcement dated 13 May 2024.

 

 

For further information, please contact:

 

Jade Road Investments Limited

 

+44 (0) 778 531 5588

 

John Croft

 

WH Ireland Limited - Nominated Adviser

 

+44 (0) 20 7220 1666

 

James Joyce

 

Hybridan LLP - Nominated Broker

 

+44 (0) 20 3764 2341

 

Claire Louise Noyce

 

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.
 
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