Spinnaker Opportunities Plc (LON:SOP)

Spinnaker Opportunities Plc (LON:SOP)

Share Price
4.65 p
0 (0.00 %)
Market Cap
£1.37 m
Proactive Investors - Run By Investors For Investors

Spinnaker Opportunities Plc RNS Release

Key Information Document

RNS Number : 9189M
Spinnaker Opportunities PLC
02 May 2018


02 May 2018

Spinnaker Opportunities Plc

("Spinnaker" or "the Company")



Spinnaker Opportunities Plc (LON: SOP), the standard listed cash shell established to make a material acquisition in the energy or industrial sectors advises that a Key Information Document ("KID") has been posted to the Library section of the Company's website.

A KID is a new regulatory requirement that is designed to assist retail investors considering investing in packaged investment vehicles. Whilst it is debatable whether or not a cash shell such as Spinnaker falls under the requirements, some investors have reported problems with intermediaries declining to allow them to purchase the Company's shares in the absence of a KID. The board has therefore taken the pragmatic decision to compile a KID to facilitate trading in the Company's shares.






Spinnaker Opportunities

Andy Morrison, Chairman

Tel: +44 (0)7980 878 561

Website: http://www.spinnakeropportunities.uk/




SP Angel (Financial Adviser and Joint Broker)

Lindsay Mair

Caroline Rowe


Tel: +44 (0)20 3470 0470

SI Capital (Joint Broker)                                                                 

Nick Emerson


Blytheweigh (Financial PR)

Nick Elwes

Simon Woods

Tel: +44 (0)1483 413 500



Tel: +44 (0)20 7138 3204


About Spinnaker Opportunities

Spinnaker Opportunities (LON: SOP) is listed on the standard list of the London Stock Exchange, led by a management team with extensive expertise in the oil & gas/energy industries. Spinnaker's strategy is to seek a single material acquisition with a view to performing a Reverse Takeover to generate an attractive capital return to its shareholders by achieving a valuation uplift upon RTO and by selecting a target business that has significant further value growth potential following acquisition.

This information is provided by RNS
The company news service from the London Stock Exchange

Spinnaker Opportunities Plc Timeline

© Proactive Investors 2019

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