Concha plc Update re Ve Interactive Limited (1070D)
26 Januar 2018 - 4:55PM
UK Regulatory
TIDMCHA
RNS Number : 1070D
Concha plc
26 January 2018
Concha PLC
For immediate release
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
Concha PLC
("Concha" or "the Company")
Update re Ve Interactive Limited
The Company notes the High Court ruling announced earlier this
week where the Administrators to Ve Interactive Limited ("Ve"),
were removed by the Court and replaced by Deloitte. It is too early
to say what this may mean for our investment in Ve, if anything,
but the Directors will closely monitor the situation and make
further announcements as appropriate. The value of Concha's
investment in Ve is currently fully impaired on the Company's
balance sheet
For further information, please contact:
Concha PLC
Chris Akers, Chairman Chris.akers@srgplc.com
SPARK Advisory Partners
Limited (Nominated Adviser)
Mark Brady/Andrew Emmott +44 (0)20 3368 3550
This information is provided by RNS
The company news service from the London Stock Exchange
END
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