PCG Entertainment plc Update on Planned Acquisition (0638E)
01 July 2019 - 3:00PM
UK Regulatory
TIDMPCGE
RNS Number : 0638E
PCG Entertainment plc
01 July 2019
1(st) July 2019
PCG Entertainment Plc
("PCGE", the "Company" or the "Group")
PCG Entertainment Plc / NEX: PCGE
Update on planned acquisition
Vox Markets and Align Research
The Board of PCGE are pleased to announce that the proposed
acquisition of VOX Markets Ltd ("VOX") and Align Research Ltd
("Align") by PCGE, previously announced on 21(st) March 2019 is
progressing well.
The new group will be listed on the NEX Exchange and we have
signed a heads of agreement on the proposed terms. It is likely
that the proposed transaction will constitute a reverse merger
under the NEX rules and the final proposal will be the subject of
an EGM and approval by PCGE's shareholders.
Further updates including the proposed EGM date will be
announced in the near future.
For more information on PCGE please visit the Company's website,
www.pcge.com. Enquiries:
PCG Entertainment PLC
Richard Poulden, Chairman
Tel: +44 207 183 7407
Corporate Adviser - First Sentinel Corporate Finance
Brian Stockbridge
Liza Vasilyeva
Tel: +44 207 183 7407
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July 01, 2019 10:00 ET (14:00 GMT)