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MYSQ Mysquar

0.29
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mysquar LSE:MYSQ London Ordinary Share VGG6361G1072 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% 0.29 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MySQUAR Limited Response to recent market commentary (8856A)

03/01/2018 3:16pm

UK Regulatory


Mysquar (LSE:MYSQ)
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RNS Number : 8856A

MySQUAR Limited

03 January 2018

MySQUAR Limited ("MySQUAR" or the "Company")

Response to recent market commentary

Further to speculation from a recent internet article noted today, MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that it has received an approach from another organisation which may or may not lead to a takeover offer.

Whilst appreciating any interest shown by potential investors or acquirers, the Company is not actively seeking a purchaser and believes that the continued growth and monetisation of its products will make it an even more attractive prospect over time.

There can be no certainty that an offer will be made for the Company or as to the terms on which any offer might be made.

It should be noted that as a British Virgin Islands incorporate company, the UK Takeover Code does not apply to MySQUAR however, further announcements will be made in due course as appropriate.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information:

 
MySQUAR Limited 
Eric Schaer (Chief Executive)  Tel: +65 6725 6388 
Pham Dang Hung (CFO) 
 
SP Angel Corporate Finance     Tel: +44 (0) 203 470 
 LLP                            0470 
Nominated Adviser 
Stuart Gledhill/Soltan 
 Tagiev 
                                 Tel: +44 (0) 207 382 
 Beaufort Securities Limited     8300 
 Broker 
 Jon Belliss/Elliot Hance 
  Public Relations 
  Damien McCrystal               Tel: +44 (0) 781 677 
                                 0758 
                                 damien@mccrystal.info 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

RSPUOAVRWVAARAR

(END) Dow Jones Newswires

January 03, 2018 10:16 ET (15:16 GMT)

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