Vr Education Share Discussion Threads

[hastings] 25/6/2021 10:16

Have another catch up with the CEO later today, so I'll hopefully have a further write up out for interest in due course.

[gokarna97] 22/6/2021 13:40

Yes, getting quite bullish about this now. Doubled my holding yesterday as placing is well-timed IMHO. Going to to a transformative 12m; user base growing nicely, recurring revs growing, new features and services planned, and getting more PR out there (Forbes today). GLA

[lawlorn] 22/6/2021 11:17

I think this will surpass last year's 26p soon and keep going.

[hazl] 22/6/2021 08:29

Great I missed this early on.

[1pencil] 20/6/2021 18:21

With almost weekly trading updates there was always a good chance of raising funds, the last one in particular read poorly ino and looked rushed prompting me to reconsider my holding.

Will keep on watch list but not very impressed with how things have been handled so far, why the need for so many brokers/advisors.

With so many advisors you would expect a higher degree of checking before releasing important market updates.

The two press releases on 1th/18th mention 'net proceeds' many times, just what were the net proceeds after paying fees?

[mushypeas] 19/6/2021 07:27

It may or may not be regretable, but it is just in the nature of the beast that an accelerated book build is carried out out overnight and out of hours.
It is also likely that a proportion of subscribers to a deeply discounted issue will just be here for a quick turn, so expect share price momentum to be stunted for some time to come.

[techair] 18/6/2021 23:06

Just saying after hours always a bit iffy

[andre] 18/6/2021 13:50

Quote a few sells are actually buys here. The 26506 just now is definitely a buy. I know. It was mine. Topped up. Holder for the long term. Today's news was good. A raise would always be at a discount. This is a company with strong tech, going places. What the share price does is at the whim of the market but it has done well for me so far.

[hastings] 18/6/2021 07:15

Personally welcome the raise and I don't have an issue with the discount. Looking at the bigger picture -oversubscribed with further strong support from Octopus and seemingly a huge opportunity with momentum building.Hopefully we'll hear of further progress in due course.

[masurenguy] 18/6/2021 07:07

Placing completed at a 17% discount to yesterdays mid-price !

VR Education Holdings plc

£7.7 million Placing

VR Education, the virtual reality technology company focused on becoming a leading global provider of virtual communications solutions through ENGAGE, is pleased to announce the successful completion of an oversubscribed placing of new Ordinary Shares (the "Placing").

A total of 48,350,191 new Ordinary Shares of EUR0.001 each in the capital of the Company (the "Ordinary Shares") (the "Placing Shares") have been placed by J&E Davy ("Davy") and Shard Capital Partners LLP ("Shard") at a price of 16 pence per Placing Share (the "Placing Price"), raising gross proceeds of approximately GBP7.7 million or EUR9.0 million (before expenses). The Placing Shares represent 20% of the Company's issued ordinary share capital prior to the Placing. The Placing Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid in respect of the Ordinary Shares after the date of issue.

[corrientes] 17/6/2021 22:18

Small dilution and it seems that they're progress is much faster than anticipated ; hence a volte face.

[mushypeas] 17/6/2021 21:14

Never like being diluted by closed offers - especially when they said in the post results Q&A in February that it would n't happen!

[corrientes] 17/6/2021 20:07

Not at all IMO. They're accelerating the growth of the business. Look at what's been happening recently.

[techair] 17/6/2021 18:59

Bit of a dodgy out of hours RNS?

[hazl] 17/6/2021 17:45

Understandable.

[avsome1968] 17/6/2021 17:02

VR Education Holdings plc

("VR Education" or the "Company")

Proposed Placing - Seizing the Opportunity for Growth

VR Education, the virtual reality ("VR") technology company focused on becoming a leading global provider of virtual communications solutions through its advanced communications platform, ENGAGE, announces a placing to raise up to GBP7.5 million (EUR8.7 million) of new ordinary shares in the capital of the Company (the "Placing"). The Placing will be conducted through an accelerated bookbuild process (the "Bookbuild"), which will be launched immediately following this announcement at a price of 16 pence per share (the "Placing Price").

The Placing is being conducted, subject to the satisfaction of certain conditions described in the Appendix to this announcement (which forms part of this announcement, such announcement and the Appendix together being the "Announcement"), through the Bookbuild which will be made available to new and existing eligible investors. J&E Davy ("Davy") and Shard Capital Partners LLP ("Shard") are acting as Joint Bookrunners in respect of the Placing.

[hazl] 16/6/2021 16:45

Fascinating this area and what they can do already.

[corrientes] 16/6/2021 08:57

It's the lack of sudden lurches which looks good to me. Steady as she goes.

[avsome1968] 16/6/2021 08:38

Looks like MMs are fishing for sellers still, 20p paid now need to push through this now and not drop back certainly looks promising this time.

[gokarna97] 15/6/2021 16:08

Yes, bought a few more. Going to be an exciting H2 for VRE!

[hazl] 15/6/2021 15:04

People buying the dips it seems.

[hazl] 09/6/2021 12:12

Thanks kwizza!
Don't know what happened there.

[kwizza] 09/6/2021 07:48

This link works hazl....