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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Monchhichi | LSE:MCC | London | Ordinary Share | GB00B979BX21 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 39.50 | 39.00 | 40.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMMCC
RNS Number : 4294M
Monchhichi plc
28 July 2017
For Immediate Release 28 July 2017
Monchhichi plc
("Monchhichi" or "the Company")
Comment re: Media speculation and suspension of shares
The Board of Monchhichi has noted today's press speculation and can confirm, that in accordance with its Investment Policy adopted in Q1 2017, it is now at an advanced stage of formally securing its first material investment in a global private technology company.
Such a transaction, if completed, would constitute a Reverse Takeover pursuant to AIM Rule 14. As a result, the shares of the Company have been suspended until the publication of an admission document or until discussions end.
Shareholders are advised that there can be no certainty that the discussions between the parties will lead to any agreement concerning the possible transaction or as to the timing or terms of any such transaction and there can be no assurance that, even if agreement is reached, any such transaction would be completed. The Company expects to be able to provide a further update to shareholders in the next few weeks.
Enquiries:
Panmure Gordon (Nominated Adviser and Broker) Tel: +44 (0)20 7886 Dominic Morley / Alina Vaskina 2500 Buchanan (Financial communications) Richard Oldworth / Henry Harrison-Topham Tel: +44 (0)20 7466 / Catriona Flint 5000 monchhichi@buchanan.uk.com www.buchanan.uk.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGCGDRXDDBGRI
(END) Dow Jones Newswires
July 28, 2017 05:30 ET (09:30 GMT)
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