Gate Ventures PLC: Settlement through VP Securities A/S
May 02 2017 - 11:56AM
2 May 2017
GATE VENTURES PLC, NASDAQ FIRST NORTH,
COPENHAGEN
TICKER: GATE
Gate Ventures
PLC
Settlement through
VP Securities A/S
Gate Ventures PLC (»GATE« or the »Company«)
announces that following admission of its shares to trading on
Nasdaq First North, Copenhagen (»Nasdaq«) on 16 December 2016, it
has today signed an agreement with VP Securities A/S (»VP«) to make
its shares available for settlement through the VP system, the
Danish central securities depository.
The agreement will enable GATE to make existing
dematerialized securities available for trading on Nasdaq and
settlement through the VP system in order to fully connect with the
Danish and International financial community active on Nasdaq
Copenhagen.
The Agreement governs those of the Issuers
securities that are immobilized. The securities are at any time
issued and registered in the Issuer's primary CSD, Euroclear UK
& Ireland Ltd. (»CREST«). Only securities issued and registered
by VP may be traded on First North. The purpose of the Agreement is
to procure that securities can be transferred to VP in order for VP
to issue and register a corresponding book-entry in the VP-system,
available for trading on First North and settlement thereof in the
VP-system.
The Company notes that trading in its shares
over-the-counter will continue to be available for settlement
through the CREST system.
If GATE shareholders would like to cross-border
shares into the VP system in order to make them available for
trading, they should contact their stockbroker or the Company
directly.
-END-
Further
Enquiries:
Gate Ventures PLC
assistance@gateplc.com
Keswick Global AG (Certified Adviser)
info@keswickglobal.com
+43 1 740
408045
Rossen & Company ApS (Financial PR)
+45 20729972
Nic. Rossen
nic@rossen.com
Philip Sørensen
ph@rossen.com
Notes to Editors:
Gate Ventures was founded in 2015 to make
investments and capitalise on investment opportunities in the media
and entertainment sectors. The Company focuses primarily on
investments and operational opportunities in the UK and China
covering theatre, television, media technology and
e-commerce.
The Company's investments include various theatre
productions such as the successful Sunset Boulevard and the
upcoming highly anticipated 42nd Street, virtual reality (»VR«),
and technology companies Bink and PlayJam amongst many others. Gate
Ventures has made a total of ten investments since it was
established, and to date, has successfully raised over €19 million
reflecting the Company's significant growth thus far.
-END-
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Gate Ventures Plc via Globenewswire
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