https://www.proactiveinvestors.co.uk Proactiveinvestors RSS feed en Mon, 12 Nov 2018 19:54:09 +0000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Change of Registered Office and Company Secretary ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20181101121011_13851632/ Thu, 01 Nov 2018 12:10:11 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20181101121011_13851632/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20181019153133_13836193/ Fri, 19 Oct 2018 15:31:33 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20181019153133_13836193/ <![CDATA[RNS press release - Investee Company Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20181009164754_13822288/ Tue, 09 Oct 2018 16:47:54 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20181009164754_13822288/ <![CDATA[RNS press release - Grant of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180927133226_13807409/ Thu, 27 Sep 2018 13:32:26 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180927133226_13807409/ <![CDATA[RNS press release - Result of Annual General Meeting ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180926164035_13805986/ Wed, 26 Sep 2018 16:40:35 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180926164035_13805986/ <![CDATA[Media files - Legendary Investments book value 'too low' - Capital Network analyst Ed Stacey ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/10321/legendary-investments-book-value-too-low-capital-network-analyst-ed-stacey-10321.html Tue, 04 Sep 2018 10:44:00 +0100 https://www.proactiveinvestors.co.uk/companies/stocktube/10321/legendary-investments-book-value-too-low-capital-network-analyst-ed-stacey-10321.html <![CDATA[RNS press release - Appointment of Lord Nicholas Monson as NED ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180903122619_13776766/ Mon, 03 Sep 2018 12:26:19 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180903122619_13776766/ <![CDATA[RNS press release - Correction to Posting of Annual Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180903105036_13776537/ Mon, 03 Sep 2018 10:50:36 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180903105036_13776537/ <![CDATA[RNS press release - Posting of Annual Report, Notice of AGM & Circular ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180831173254_13775423/ Fri, 31 Aug 2018 17:32:54 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180831173254_13775423/ <![CDATA[Media files - Legendary Investments 'moving to the next stage of its development' ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/10222/legendary-investments-moving-to-the-next-stage-of-its-development--10222.html Thu, 23 Aug 2018 16:06:00 +0100 https://www.proactiveinvestors.co.uk/companies/stocktube/10222/legendary-investments-moving-to-the-next-stage-of-its-development--10222.html <![CDATA[News - Legendary Investments to step up a level as portfolio matures ]]> https://www.proactiveinvestors.co.uk/companies/news/203410/legendary-investments-to-step-up-a-level-as-portfolio-matures-203410.html Zafar Karim, AIM-listed Legendary Investments PLC’s (LON:LEG) chief executive, is very upbeat when he talks about the appointment of Rene Schuster as chairman of VirtualStock.

Legendary holds 6.8% in the retail procurement software specialist, a stake worth around £4.8mln based on the latest funding round.

Watch: Legendary Investments 'unlocking private opportunities' for retail investors

Schuster is a big catch, says Karim.

He led Telefonica Deutschland when it floated in the largest IPO in Europe in 2012 and helped 02 become the leading brand in Germany.

That’s in addition to various other high-profile positions at global telecoms and private equity groups.

In short, a serious name in the market and a sign of how rapidly Virtualstock is growing.

Virtualstock’s software, The Edge, allows retailers and their suppliers to talk remotely and it has already picked up some the largest names in UK retail as customers including Tesco, John Lewis, Sainsbury’s.

The NHS, too, is using it to improve its procurements systems.

Sales have grown by 70% over the past year and it is currently the biggest success in AIM-listed Legendary’s portfolio.

Read: Legendary Investments swings to profit in full year as it proposes name change to Eight Peaks

But Karim is enthusiastic too about New Zealand-based fintech IBS, where it has an 11% stake, and he himself owns 35%.

IBS has just received a licence to do business in NZ, which is no small feat, says Karim.

In its last financial statements, the stake in IBS was valued at about US$1.1mln, but fintech is a hot property globally and New Zealand relatively untapped.

Legendary also has a 9.7% stake in fast growing corporate funder Crowd for Angels and a 2% stake in offshore Tunisia-focused oil group Dunraven, all of which are held in the books at very prudent valuations, says Karim.

That conservative approach is perhaps one reason why the shares currently trade at a discount to net assets, but Karim is upbeat.

Dunraven is set to list next year while Virtualstock is already eyeing a float on Nasdaq, where valuations are traditionally much higher than in London.

Selective approach

Karim says Legendary’s approach is very selective, something that is not going to change soon.

The aim is for a success rate of one in 25, itself much better than the average for early stage investors, but so far, the hit rate is five out of twelve.

Net assets at end March are worth £6mln, and are currently at £6.5mln compared to market cap of £3.65mln at 0.1p.

In May, the company raised £550,000 through a placing and subscription at 0.1p that was backed by Karim.

“We’ve kept our head down, he says, but we know what we are doing and now have a stable of investments coming to maturity at different times.

“We are looking to take the company to the next level, including by strengthening the board.”

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Wed, 22 Aug 2018 14:14:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/203410/legendary-investments-to-step-up-a-level-as-portfolio-matures-203410.html
<![CDATA[News - Legendary Investments swings to profit in full year as it proposes name change to Eight Peaks Group ]]> https://www.proactiveinvestors.co.uk/companies/news/203326/legendary-investments-swings-to-profit-in-full-year-as-it-proposes-name-change-to-eight-peaks-group-203326.html Legendary Investments plc (LON:LEG) has reported a swing to profit in its full-year results while also proposing a name change to Eight peaks Group PLC.

The AIM-listed investment firm, which focuses on small companies and start-ups, reported a pre-tax profit of £664,000 for the year, up from a £281,000 loss in 2017, while the value of its investment grew 44% to £6.2mln.

WATCH: Legendary Investments 'unlocking private opportunities' for retail investors

The company also said its net assets had increased to £6mln from £4.7mln the year before, with a net gain on the fair value of its investments of £1.2mln, up from £45,000 previously.

Outlook

Looking ahead, Legendary said it had plans to augment its board in addition to a proposed name change to Eight Peaks Group which would be voted on at the group’s next annual general meeting.

Legendary said the current name was associated in several circles "with its pre-2011 history and management", and so the change would serve to remove this connection.

The company also said a resolution would be tabled to consolidate its shares in the ratio of around 377.19 to 1.

Legendary’s executive chairman, Zafar Karim, said that of the 12 investments made to date, 5 were now valued at around 1.3 times to 35x what the company invested, while 3 others had listed on various exchanges.

In late-afternoon trading Tuesday, Legendary’s shares were up 5% at 0.1p.

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Tue, 21 Aug 2018 15:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/203326/legendary-investments-swings-to-profit-in-full-year-as-it-proposes-name-change-to-eight-peaks-group-203326.html
<![CDATA[RNS press release - AUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 2018 ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180821125014_13763228/ Tue, 21 Aug 2018 12:50:14 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180821125014_13763228/ <![CDATA[RNS press release - Virtualstock Holdings Appointment of Chairman ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180731070024_13736892/ Tue, 31 Jul 2018 07:00:24 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180731070024_13736892/ <![CDATA[News - Legendary Investments: Ground floor access to early stage opportunities ]]> https://www.proactiveinvestors.co.uk/companies/news/200774/legendary-investments-ground-floor-access-to-early-stage-opportunities-200774.html Legendary Investments basically unlocks private opportunities that aren't available to public investors.

WATCH: Legendary Investments 'unlocking private opportunities' for retail investors

We invest in private companies that are not listed, usually small companies, and we nurture them, provide lots of contacts, advise and help them grow with a view to eventually being involved in a trade sale or listing.

This is very different from an investment trust, which will invest in public companies. We are somewhere between an angel investor and venture capitalist.

Isn’t this a speculative business?

Perhaps it can be considered speculative, but you have to look at the track record.

If you look at blue sky investments where you invest in a business plan it's usually 1 in 100 that goes well.

At the other end you have private equity investments, which are more mature companies, and here it is one in five that goes well.

We set this up with a view to one in 25 going well. Our hit rate so far is five out of twelve.

In terms of return on investment what can shareholders expect?

So far our most successful company to date is a tech company.

When we first got involved we were the first outside investor and still are the largest outside investor

We invested at a valuation of £2mln. Last year a VC invested at a valuation of £66mln, that's a 33 times increase and since then the company's made more progress.

It’s pretty much doubled its revenues, won more clients. And these clients include Tesco, Sainsbury's, Argos, Carphone Warehouse, so this is a massive success

You are looking at looking at many tens of times return.

Why are you the best person to run Legendary?

My career started at Salomon Bros in the Liar’s Poker years, which was a fantastic time to cut my teeth.

I moved to London and did a lot of emerging market work and then spent several years at Rothschild.

But I wanted to be a principal not remain an adviser so in the early 2000's I started doing this off my own balance sheet.

I had a number of successes including some listed companies that I rescued.

One when I got involved had a sub- £10mln market cap and when I left a few years later was worth £80mln.

And Legendary became available as a vehicle and I thought let’s do this from a public company platform as it gives an opportunity to do it in a far more effective way.

How do investors make money?

When we set this up we knew this would take some time because investments take time to come to fruition.

In 2015, the share price was about the level it is at now but net assets were less than half the current value.

Now the net assets are £6mln or so, which is 2- 3 times higher, but the share price is where it was then.

The companies in the portfolio are bigger stronger with far better prospects so I think people can make their own minds up about which direction the share price might go and where it might get to.

Are you confident about company forward?

We did really a placing recently and it was oversubscribed quite significantly.

We were looking for a few hundred thousand but we actually got significant more at £550,000.

I personally put in one hundred thousand pounds and I guess that a symbol of my confidence.

Personally I have 4% of the company all of which I bought in placings, so if that's not a vote of confidence than I am not sure what is.

Looking ahead – what’ s in store for the portfolio?

I think oil company Dunraven is going to move quite fast and could get a listing.

It has one asset with potential proven reserves of 100 million barrels.

We hold it on our balance at a couple of hundred thousand – so that’s a potentially massive return.

At Virtual Stock, another one of our companies, their CEO has said they want to list potentially on NASDAQ in next 18-24 months.

IBS, a banking services platform, recently obtained its licence and I think there's a lot of good to come out of that.

To sum up?

Legendary is a way of getting into the opportunities before they become public and generally returns before the IPO far greater than returns after IPO

If an investor wants to enjoy those returns, this is one way of getting access to them. 

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Fri, 13 Jul 2018 12:12:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/200774/legendary-investments-ground-floor-access-to-early-stage-opportunities-200774.html
<![CDATA[Media files - Legendary Investments 'unlocking private opportunities' for retail investors ]]> https://www.proactiveinvestors.co.uk/companies/stocktube/9845/legendary-investments-unlocking-private-opportunities-for-retail-investors-9845.html Fri, 13 Jul 2018 09:12:00 +0100 https://www.proactiveinvestors.co.uk/companies/stocktube/9845/legendary-investments-unlocking-private-opportunities-for-retail-investors-9845.html <![CDATA[News - Legendary Investments shares jump as it expects to swing to profit from loss ]]> https://www.proactiveinvestors.co.uk/companies/news/200358/legendary-investments-shares-jump-as-it-expects-to-swing-to-profit-from-loss-200358.html Legendary Investments plc (LON:LEG) shares jumped on Monday morning as the firm said it expects to report an annual profit compared to a loss the previous year and increase in investments and net assets.

In a trading update for the year ended 31 March 2018, the AIM-listed firm said its net profit was £0.665mln compared to a loss of £0.281mln a year ago, achieved on the “basis of a very conservative historic transaction based valuation policy.”

READ: Virtualstock share sale boosts Legendary Investments

The company said its investments jumped 46.5% to £6.2mln from £4.3mln and net assets rose 27.7% to £6mln from £4.7mln.

Zafar Karim, executive chairman of Legendary Investments, said: "Progress continues at Legendary and its investee companies. Indeed, we expect post year end net assets to be higher than the year end value.”

He added: “Having established a solid track record of successful proactive investing, we now intend to take Legendary to the next level of its development. We look to the future with increased confidence and thank our shareholders for their continued support."

In morning trading, Legendary Investments shares jumped 22.2% to 0.11p.

 

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Mon, 09 Jul 2018 09:07:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/200358/legendary-investments-shares-jump-as-it-expects-to-swing-to-profit-from-loss-200358.html
<![CDATA[RNS press release - Trading Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180709070004_13709577/ Mon, 09 Jul 2018 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180709070004_13709577/ <![CDATA[RNS press release - Circle Oil Tunisia Limited Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180627070005_13694848/ Wed, 27 Jun 2018 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180627070005_13694848/ <![CDATA[RNS press release - Crowd for Angels (UK) Ltd Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180621105044_13688680/ Thu, 21 Jun 2018 10:50:44 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180621105044_13688680/ <![CDATA[RNS press release - Director Subscription ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180514151134_13640381/ Mon, 14 May 2018 15:11:34 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180514151134_13640381/ <![CDATA[RNS press release - Placing and proposed Subscription ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180514124351_13640164/ Mon, 14 May 2018 12:43:51 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180514124351_13640164/ <![CDATA[RNS press release - Authorities to Operate Granted to IBS ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180423134651_13614864/ Mon, 23 Apr 2018 13:46:51 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180423134651_13614864/ <![CDATA[RNS press release - Appointment of Broker ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180328153313_13585536/ Wed, 28 Mar 2018 15:33:13 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180328153313_13585536/ <![CDATA[RNS press release - Virtualstock partners up with Previse Ltd ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180328070003_13583993/ Wed, 28 Mar 2018 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180328070003_13583993/ <![CDATA[RNS press release - Process to appoint replacement broker ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180302121751_13553009/ Fri, 02 Mar 2018 12:17:51 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180302121751_13553009/ <![CDATA[RNS press release - Wincanton and Virtualstock strategic partnership ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180123115408_13506309/ Tue, 23 Jan 2018 11:54:08 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180123115408_13506309/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180116122315_13498177/ Tue, 16 Jan 2018 12:23:15 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20180116122315_13498177/ <![CDATA[RNS press release - Unaudited interim results ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171227130118_13477835/ Wed, 27 Dec 2017 13:01:18 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171227130118_13477835/ <![CDATA[RNS press release - Investment ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171222070002_13475196/ Fri, 22 Dec 2017 07:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171222070002_13475196/ <![CDATA[RNS press release - Acquisition of Stake in Crowd Funding Platform ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171221070004_13473468/ Thu, 21 Dec 2017 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171221070004_13473468/ <![CDATA[RNS press release - IBS Corporation Limited ("IBS") valued at US$10m ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171115105010_13432426/ Wed, 15 Nov 2017 10:50:10 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171115105010_13432426/ <![CDATA[RNS press release - Stake in IBS Corporation Limited ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171013165308_13396779/ Fri, 13 Oct 2017 16:53:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171013165308_13396779/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171002141503_13382802/ Mon, 02 Oct 2017 14:15:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20171002141503_13382802/ <![CDATA[RNS press release - Posting of Annual Report and Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170907080846_13354891/ Thu, 07 Sep 2017 08:08:46 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170907080846_13354891/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170904070005_13349976/ Mon, 04 Sep 2017 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170904070005_13349976/ <![CDATA[RNS press release - Investment in IBS Corporation Limited ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170807083948_13321218/ Mon, 07 Aug 2017 08:39:48 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170807083948_13321218/ <![CDATA[RNS press release - Exercise of Warrants and Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170803135721_13318728/ Thu, 03 Aug 2017 13:57:21 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170803135721_13318728/ <![CDATA[RNS press release - Legendary increases stake in VS ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170725161128_13307122/ Tue, 25 Jul 2017 16:11:28 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170725161128_13307122/ <![CDATA[RNS press release - VS completes strategic funding round with Notion ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170717070004_13296529/ Mon, 17 Jul 2017 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170717070004_13296529/ <![CDATA[RNS press release - Exercise of Warrants and Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170616104044_13263313/ Fri, 16 Jun 2017 10:40:44 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170616104044_13263313/ <![CDATA[RNS press release - Exercise of Warrants and Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170518160435_13230881/ Thu, 18 May 2017 16:04:35 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170518160435_13230881/ <![CDATA[RNS press release - Exercise of Warrants and Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170428142738_13208971/ Fri, 28 Apr 2017 14:27:38 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20170428142738_13208971/ <![CDATA[RNS press release - UNAUDITED INTERIM RESULTS ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161221093430_013074604/ Wed, 21 Dec 2016 09:34:30 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161221093430_013074604/ <![CDATA[RNS press release - Ground geophysics identifies drill targets ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161213134801_013065757/ Tue, 13 Dec 2016 13:48:01 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161213134801_013065757/ <![CDATA[RNS press release - VS The Edge to be utilised by NHS joint venture ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161102130001_013021851/ Wed, 02 Nov 2016 13:00:01 +0000 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161102130001_013021851/ <![CDATA[RNS press release - VS Edge to be implemented at UK teaching hospitals ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161024070006_013009997/ Mon, 24 Oct 2016 07:00:06 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161024070006_013009997/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161010110921_012995277/ Mon, 10 Oct 2016 11:09:21 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20161010110921_012995277/ <![CDATA[RNS press release - Posting of Annual Report and Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20160919162647_012971229/ Mon, 19 Sep 2016 16:26:47 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20160919162647_012971229/ <![CDATA[RNS press release - Exercise of Warrants and Issue of Equity ]]> https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20160914160529_012966244/ Wed, 14 Sep 2016 16:05:29 +0100 https://www.proactiveinvestors.co.uk/companies/rns/560/LSE20160914160529_012966244/