Sivota PLC Termination of Transaction Negotiations

RNS Number : 9015O

Sivota PLC

17 May 2024

 

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17 May 2024 

Sivota plc

("Sivota" or the "Company")

Termination of Transaction Negotiations

 

Sivota ( LSE:SIV ), the London-listed investment vehicle focused on later-stage technology companies, announces that, concerning the signing of the non-binding term sheet with a leading online technology platform operating across the travel sector, as previously announced on 12 January 2024, the negotiations have terminated and therefore, the signing of a definitive agreement and associated fundraise will not be proceeding. The Company remains committed to exploring further M&A activity and is evaluating its pipeline opportunities.

 

 

For further information, please contact:

 

Sivota PLC Tim Weller, Non-Executive Chairman Ziv Ben-Barouch, Chief Executive Officer www.sivotacapital.com	via Vigo Consulting
Canaccord Genuity Limited Bobbie Hilliam	+ 44 (0) 20 7523 8000
Vigo Consulting Jeremy Garcia	+ 44 (0)20 7390 0230

 

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