logo-loader
RNS
/**/ .s{size:612.0pt 792.0pt;margin:72.0pt 72.0pt 72.0pt 72.0pt;}div.s{}p.a,li.a,div.a{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";}p.ae{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";text-align: center}span.af{color: black; font-family: "Arial","sans-serif"; font-size: 10.0pt; font-div: italic}p.ag{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";text-align: right}span.aa{font-size:11.0pt; font-family:"Calibri","sans-serif";color:black}p.ah{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; text-align: center}span.y{font-size: 11.0pt;font-family:"Calibri","sans-serif";color:black}p.ai{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";font-weight: bold; text-align: center} p.aj{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify}span.v{font-size:11.0pt;font-family:"Calibri","sans-serif"; color:black}p.ak{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:0cm;text-align:justify}span.al{color: black; font-family: "Calibri","sans-serif"; font-size: 11.0pt; font-div: italic}p.m,li.m,div.m{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";} /**/
RNS Number : 0662D
Bould Opportunities PLC
21 June 2019
 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

21 June 2019

Bould Opportunities PLC

("Bould" or the "Company")

Update

The Company today announces that further to the approval of shareholders at the General Meeting on 21 May 2019, the disposal of PhotonStar Technology Ltd to Mr Antos Glogowski, a substantial shareholder in the Company (the "Disposal"), has now completed. Details of the Disposal were announced on 1 May 2019.

On 22 May 2019, the Company announced that it had issued warrants to subscribe for new Ordinary Shares equal to 3 per cent. of the Enlarged Share Capital of the Company from time to time, exercisable at £0.0001 for up to 3 years from the date of issue (the "Warrants"). The Warrants were issued in consideration of fees owed relating to advisory and fund-raising services rendered to the Company during the last quarter of 2018 and the first quarter of 2019 and which have largely not been paid for in an effort to conserve the cash available to the Company.

As a result of further negotiations, the Company now announces that it has entered into a deed of amendment relating to the Warrants. It is now agreed that Warrants shall entitle the warrant holder to subscribe for 3 per cent. of the Company's share capital, as enlarged by any further issues of Ordinary Shares only up to the date of admission of the Company's shares to trading on AIM or any other EU Recognised Investment Exchange, following completion of a Reverse Takeover of the Company.

The Company has been informed that the Warrants have been subsequently purchased by Mr Antos Glogowski.

Capitalised terms used but not defined in this announcement shall have the meanings given to such terms in the announcement issued by the Company dated 1 May 2019 unless otherwise defined herein.

For further information:

Bould Opportunities plc (www.bouldopportunities.com) +44 (0)20 3198 2554

Martin Lampshire, non‐executive Director

Allenby Capital Limited (nominated adviser) +44 (0)20 3328 5656

John Depasquale / Nick Naylor

Peterhouse Capital Limited (sole broker) +44 (0)20 7469 0930

Lucy Williams / Duncan Vase


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 [email protected] or visit www.rns.com.
 
END
 
 
UPDBBGDLCSDBGCB

Quick facts: Bould Opportunities PLC

Price: £0.00

Market: LSE
Market Cap: £3.29 m
Follow

Create your account: sign up and get ahead on news and events

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...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

PhotonStar developing an advanced IoT platform, says chief

LED light designer and manufacturer PhotonStar LED Group PLC (LON:PSL) is moving into the Internet of Things (IoT) space as well as continuing with its next generation lighting. James McKenzie, chief executive, tells Proactive Investors the company has developed “a really advanced next...

on 27/5/16