Proactive Investors - Run By Investors For Investors

Falcon Acquisitions raises £4mln prior to readmission to stock exchange

Following completion of the acquisitions of the Quiptel Group and TVNL and the coming into force of three content agreements entered, trading in Falcon shares will resume
Red button on remote control
The acquisition of TVNL will provide the company with a brand for OTT streamed content

Falcon Acquisitions Limited (LON:FAL) expects trading in its shares to resume next Monday, 27 March, under the name Falcon Media House.

The company’s shares have been suspended since 25 July of last year after it announced the proposed acquisition of Orbital Media.

The company has also raised £4mln through a placing of shares at 25p a pop.

The reborn Falcon Media House will be a holding company that owns and operates a business specialise in the “over the top” (OTT, or ‘red button’) TV market, with three distinct operational activities: technology; distribution; content.

In line with its original acquisition strategy, Falcon's aim is to build an integrated OTT business that can act as a consolidator for content for its own Teevee branded channels and provide a platform for third party operators to launch new OTT services.

View full FAL profile View Profile

Falcon Media House Timeline

May 30 2018

Related Articles

Blood cells
October 12 2017
Current standard of care treatment involves chemotherapy and radiotherapy and ultimately, in recurring cases, a bone marrow transplant
Internet TV specialsit Falcon Media House transformed and ready to start generating revenues
August 25 2017
It has gone from a cash shell to fully fledged online TV company plugged into a massive market in a year and half
cannabis plant
February 01 2018
Today, the group closed the US$18mln acquisition of Citiva Medical and Citiva USA

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use