CHA Concha

TIDMCHA

RNS Number : 1070D

Concha plc

26 January 2018

Concha PLC

For immediate release

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

Concha PLC

("Concha" or "the Company")

Update re Ve Interactive Limited

The Company notes the High Court ruling announced earlier this week where the Administrators to Ve Interactive Limited ("Ve"), were removed by the Court and replaced by Deloitte. It is too early to say what this may mean for our investment in Ve, if anything, but the Directors will closely monitor the situation and make further announcements as appropriate. The value of Concha's investment in Ve is currently fully impaired on the Company's balance sheet

For further information, please contact:

 
 Concha PLC 
  Chris Akers, Chairman             Chris.akers@srgplc.com 
 
   SPARK Advisory Partners 
   Limited (Nominated Adviser) 
   Mark Brady/Andrew Emmott            +44 (0)20 3368 3550 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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