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RNS Number : 4567K
RiverFort Global Opportunities PLC
14 December 2018
 

14 December 2018

RiverFort Global Opportunities plc

("RGO" or the "Company")

Investment update

Since the announcement of the Company's 2018 third quarter update on 15 November 2018, the Company has continued to be active in deploying its capital in RiverFort-arranged investments.  The Company has now invested over £3.1 million, compared to the figure as at 15 November 2018 of £2.7 million.  The Company's recent activity includes making investments in certain AIM and ASX listed companies including further investments in a secured mezzanine loan for EQTEC PLC (an AIM-listed waste gasification company - market capitalisation £14 million) and in a secured convertible loan for Artemis Resources Limited (an ASX-listed mining company - market capitalisation AUS$81 million). Consequently, the percentage of the Company's investment portfolio that comprises income generating RiverFort-arranged investments continues to increase and now represents a significant part of the Company's net asset value.

Nicholas Lee, Chairman commented:

" We are very much on track in terms of implementing our strategy of investing in attractive income generating opportunities.  We expect the demand for our investment funds to increase given the uncertain markets that we are in today."

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information please contact:

RiverFort Global Opportunities plc


+44 20 7580 7576

Nicholas Lee, Chairman






Nominated Adviser


+44 20 7628 3396

Beaumont Cornish



Roland Cornish/Felicity Geidt






Joint Broker


+44 20 7186 9950

Shard Capital Partners LLP



Damon Heath/ Erik Woolgar






Joint Broker


+44 20 7562 3351

Peterhouse Corporate Finance



Lucy Williams



 


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.
 
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Quick facts: Riverfort Global Opportunities PLC

Price: 0.0786

Market: AIM
Market Cap: £5.34 m
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