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KOOV Koovs Plc

2.90
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Koovs Plc LSE:KOOV London Ordinary Share GB00BHB22S55 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.90 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Koovs PLC Update (5077W)

15/11/2017 7:00am

UK Regulatory


Koovs (LSE:KOOV)
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From May 2019 to May 2024

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TIDMKOOV

RNS Number : 5077W

Koovs PLC

15 November 2017

Koovs plc

Koovs plc ("Koovs", or the "Company") AIM: KOOV), the fashion-forward business focused on the young Indian e-commerce market, announces today that it will be seeking a renewal of permission for the issue of up to GBP18.9m of convertible loan notes in the Company. In addition to the GBP8.9m which has previously been received, the Company remains in advanced negotiations to secure a term sheet from an investor committing to invest via the issue of convertible loan notes. The Company remains confident of delivering this further tranche of convertible loan notes and expects to announce the successful conclusion of this additional funding in due course.

- Ends -

For further information please contact:

 
 
   Koovs plc                 Tel: +44 (0)20 
    Mary Turner/Robert        7151 0170 
    Pursell 
   Peel Hunt LLP 
   Dan Webster / George      Tel: +44 (0) 
    Sellar                    20 7418 8900 
    Jock Maxwell Macdonald 
    (ECM) 
   Media enquiries:          Tel: +44 (0)20 
    Headland                  3805 4822 
    Rob Walker / Lucy 
    Legh 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCKZLFFDFFZFBQ

(END) Dow Jones Newswires

November 15, 2017 02:00 ET (07:00 GMT)

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