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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Yolo Leisure And Technology Plc | LSE:YOLO | London | Ordinary Share | GB00BFX2VL54 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.75 | 18.50 | 19.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMYOLO
RNS Number : 5988B
YOLO Leisure & Technology PLC
10 June 2019
YOLO Leisure and Technology plc
("YOLO")
Update re TV Player
Further to the announcement of interim results made on 30 April 2019, YOLO Leisure and Technology plc, the AIM-quoted company focusing on opportunities in the technology, media and leisure sectors, understands that the board of TVPlayer Limited ("TVPlayer") has had discussions with a number of interested parties regarding a further strategic investment or a trade sale, however none of these discussions have yet reached a stage when a definitive offer has been made for the company. It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets.
YOLO holds 3.28 per cent. of TVPlayer's fully diluted equity share capital and GBP50,000 of convertible loan notes. The book value of TVPlayer in YOLO's balance sheet as at 31 March 2019 was GBP446,973 (0.86p per YOLO ordinary share). As announced on 30 April 2019, as at 31 March YOLO's net asset value equated to 6.81p per ordinary share (5.95p per ordinary share excluding the book value of TVPlayer in YOLO's balance sheet on the same date).
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
YOLO Leisure and Technology plc Simon Lee Robinson simon.robinson@yoloplc.com Cairn Financial Advisers LLP Sandy Jamieson, Liam Murray Tel: +44 20 7213 0880 Peterhouse Capital Limited (Sole broker) Duncan Vasey / Lucy Williams Tel: + 44 20 7220 9797 Walbrook PR Ltd Tel: +44 20 7933 8787 or yolo@walbrookpr.com Paul McManus Mob: +44 7980 541 893 Sam Allen Mob: +44 7884 664 686
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 10, 2019 02:00 ET (06:00 GMT)
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