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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 |
TIDMMYSQ
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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