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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Spinnaker Opportunities Plc | LSE:SOP | London | Ordinary Share | GB00BYQCS703 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 4.65 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSOP
RNS Number : 9189M
Spinnaker Opportunities PLC
02 May 2018
02 May 2018
Spinnaker Opportunities Plc
("Spinnaker" or "the Company")
KEY INFORMATION DOCUMENT
Spinnaker Opportunities Plc (LON: SOP), the standard listed cash shell established to make a material acquisition in the energy or industrial sectors advises that a Key Information Document ("KID") has been posted to the Library section of the Company's website.
A KID is a new regulatory requirement that is designed to assist retail investors considering investing in packaged investment vehicles. Whilst it is debatable whether or not a cash shell such as Spinnaker falls under the requirements, some investors have reported problems with intermediaries declining to allow them to purchase the Company's shares in the absence of a KID. The board has therefore taken the pragmatic decision to compile a KID to facilitate trading in the Company's shares.
Enquiries Spinnaker Opportunities Tel: +44 (0)7980 878 Andy Morrison, Chairman 561 Website: http://www.spinnakeropportunities.uk/ SP Angel (Financial Adviser Tel: +44 (0)20 3470 and Joint Broker) 0470 Lindsay Mair Caroline Rowe SI Capital (Joint Broker) Tel: +44 (0)1483 413 Nick Emerson 500 Blytheweigh (Financial Tel: +44 (0)20 7138 PR) 3204 Nick Elwes Simon Woods
About Spinnaker Opportunities
Spinnaker Opportunities (LON: SOP) is listed on the standard list of the London Stock Exchange, led by a management team with extensive expertise in the oil & gas/energy industries. Spinnaker's strategy is to seek a single material acquisition with a view to performing a Reverse Takeover to generate an attractive capital return to its shareholders by achieving a valuation uplift upon RTO and by selecting a target business that has significant further value growth potential following acquisition.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUUAORWOAVRAR
(END) Dow Jones Newswires
May 02, 2018 09:15 ET (13:15 GMT)
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