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 0.0% 0.75 0.70 0.80 0.75 0.75 0.75 500,000 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -1.1 -0.1 - 5

RiverFort Global Opportunities PLC Investment update

31/03/2020 11:16am

UK Regulatory (RNS & others)

Riverfort Global Opportu... (LSE:RGO)
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RNS Number : 2149I

RiverFort Global Opportunities PLC

31 March 2020

31 March 2020

RiverFort Global Opportunities plc

("RGO" or the "Company")

Investment update

The Company is pleased to announce that it has participated in the GBP3 million medium term loan facility announced by Red T plc ("Red T") on 16 March 2020, in connection with its proposed merger with Avalon Battery Corporation. This facility will form part of an overall GBP14.9 million debt and equity funding arrangement. The Company will participate for up to GBP500,000 of the medium term loan facility, subject to certain conditions.

Red T is an energy storage solutions company listed on AIM. Further details about the company can be found at

Phillip Haydn-Slater, Non-executive Chairman commented:

"This investment shows that RGO plc is continuing to actively invest in small listed companies and has the flexibility to be able to provide a key part of an overall funding solution. The Company has significant funds available to deploy and is therefore continuing to look for and invest in new opportunities despite the current market turmoil."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information please contact:

 RiverFort Global Opportunities 
  plc                               +44 20 3368 8978 
 Phillip Haydn-Slater, 
  Non-executive Chairman 
 Nominated Adviser                  +44 20 7628 3396 
 Beaumont Cornish 
 Roland Cornish/Felicity 
 Joint Broker                       +44 20 7186 9950 
 Shard Capital Partners 
 Damon Heath/ Erik Woolgar 
 Joint Broker                       +44 20 7562 3351 
 Peterhouse Capital Limited 
 Lucy Williams 

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 or visit



(END) Dow Jones Newswires

March 31, 2020 06:16 ET (10:16 GMT)

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