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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Riverfort Global Opportunities Plc | LSE:RGO | London | Ordinary Share | GB00BKKD0862 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.22 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | -134k | -866k | -0.0011 | -2.00 | 1.71M |
From Jan 2023 to Jan 2025
TIDMRGO
RNS Number : 5313X
RiverFort Global Opportunities PLC
20 December 2023
RiverFort Global Opportunities plc
(" RGO " or the "Company")
Investee Company Update - Emergent Entertainment
RiverFort Global Opportunities plc (AIM: RGO) announces that it has received notification from its investee company Emergent Entertainment Ltd ("Emergent"), that Emergent is engaging with insolvency advisers and is anticipated to be shortly placed into liquidation.
Based on the Company's net asset value as at 30 June 2023 as set out in the Company's interim accounts ("NAV") of 1.3 pence per ordinary share, the Emergent investment represents approximately 8.5% of this NAV. However, It should be noted that, based on the NAV adjusted for the current carrying value this investment, the Company is still trading at around 32% of its NAV .
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").
Enquiries:
RGO plc Philip Haydn Slater Tel: +44 (0) 20 3368 8978 Nicholas Lee, Director Nominated Adviser Beaumont Cornish Tel: +44 (0) 20 7628 3396 Roland Cornish Felicity Geidt Joint Broker Peterhouse Capital Limited Tel: +44 (0) 20 7469 0935 Duncan Vasey/Lucy Williams Tel: +44 (0) 20 7469 0936 Joint Broker Tel: +44 (0) 20 7186 9950 Shard Capital Partners LLP Damon Heath/Erik Woolgar
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.
END
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(END) Dow Jones Newswires
December 20, 2023 13:16 ET (18:16 GMT)
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