[email protected] Capital PLC (LON:SYME) has distanced itself completely from what it says was a fake article that appeared on Wednesday that claimed to contain bullish recommendations from several high profile fund managers.
In a statement, the online inventory platform said: “It is a totally erroneous article reviewing a series of fabricated SYME forecasts that was issued yesterday afternoon. This appeared on more than one 'fake news' website.
“SYME wishes to make clear that the article was both inaccurate and misleading and that it totally dissociates itself with the content."
[email protected] added that it monitors social media activity so that where required it can highlight erroneous information that could cause confusion and erratic price movements.
“The Directors of SYME expect to announce more detailed updates on its inventory funding and client company origination partnerships across all regions via the Regulatory News Service of The London Stock Exchange in the coming days,” it said.