![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Trendit | LSE:TRIT | London | Ordinary Share | IL0011370256 | ORD NIS0.1 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTRIT
RNS Number : 1296V
Trendit Limited
13 April 2016
TRENDIT LTD
("Trendit" or "the Company")
Approval of Loan from an Israeli bank
Trendit Ltd (TRIT), the provider of cutting-edge technology for real-time monitoring of population movement, trend analytics, and crowd behaviour, announces that the Company has received a loan in the amount of NIS 200,000 (US $53,008) from an Israeli bank (the "Loan"), which will be returned from an expected VAT tax return the Company is expecting to receive in the next few weeks, at the sum of approximately NIS 300,000 (US $79,512). The Loan was received subject to personal guarantees provided by two controlling shareholders of the Company, Mr. Josh Rurka and Mr. Ehud Tuvia Ginati, holding together 79,617,056 shares of the Company, for no consideration. The Audit Committee and the board of directors of the Company unanimously resolved to approve the Loan and the guarantee as a transaction that only benefits the Company, as defined in the Israeli Companies Regulations, (Relief in Transactions with Interested Parties), 5760 - 2000, and in accordance with the Israeli Companies Law, 5759 - 1999.
-Ends-
For more information:
Peterhouse Corporate Finance (Broker) Charles Goodfellow +44 20 7220 9791 Yellow Jersey (Financial PR) Charles Goodwin +44 7747 788 221 Alistair Kare-Silver +44 7825 916 715
About Trendit:
Trendit provides cutting-edge technology for real-time monitoring of population movement, trend analytics, and crowd behaviour. Trendit's technology has the ability to analyse data collected from as little as a single data source, and merge individual network events together with geographical information that create "population clouds," which analyse and predict trends.
The Company is seeking to become a global player within the Big Data Analytics space and believes it is well placed to capture significant market share in what is a multi-billion dollar industry.
The Company's Technology:
Trendit's technology has the ability to analyse data collected from as little as a single data source, and merge individual network events together with geographical information that create "population clouds," which analyse and predict trends.
The single data source, able to sample as little as only 15% of the population (e.g. cellular operator with only 15% market share) in a specific geographic area, can provide sufficient information for representing crowd behaviour of an entire population with about 85% accuracy, calculating how many people are located in a given area and groups people by various segments (social economic, place of origin, etc.).
The heart of the Trendit technology is the "Trend Engine." Divided into several modules it is responsible for processing the incoming data streams, calculating the incoming data, providing a depiction of the data in real-world terms and providing an estimation of the population based on the analysis.
Further information on the Group is available at:
http://www.trendit.net/#/home/home
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGUMUCUPQGQW
(END) Dow Jones Newswires
April 13, 2016 12:10 ET (16:10 GMT)
1 Year Trendit Chart |
1 Month Trendit Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions